Will eth exit queue cause a pullback?

Large staking platform kiln is unstaking all of their users staked eth due to security concerns. This has driven the eth staking exit queue to 2.5 million eth, almost $9 billion worth of eth. This eth is expected to be restarted but it won't automatically be, the eth will go back to the users and they will decide whether to restake it, as far as I am aware. So they are being forced to unstake, and after it's unstaked they have the choice, stake again, or sell.

This is in the face of expected upcoming rate cuts, where the fed is expected to make at least 1 cut of .25%. Amid increased inflation and a very weak labor market, will this unexpected event cause a pullback or will eth continue rocketing on the expectation of federal funds rate being cut?

Ethereum has had a stunning rally from $1600 to almost $5000 since April, 5 months ago. All in the face of rate cuts being 90% expected the entire time. Leading up to the actual event happening, rates being cut, will eth continue upwards? I think yes, it will, and I think the exit queue isn't going to scare anyone. No pullback, only up up up. Eth has been flat for long enough it's time to start moving again.