According to BlockBeats, approximately 684,000 ETH, valued at around $2.59 billion at current prices, are queued for withdrawal from the Ethereum Proof of Stake (PoS) network. The estimated waiting period for these withdrawals is about 11 days and 21 hours. Concurrently, around 259,000 ETH, worth approximately $980 million, are waiting to join the network, with an expected activation delay of about 4 days and 12 hours.
This situation highlights two opposing market forces. On one hand, some stakers may be opting to secure profits following Ethereum's rebound of over 160% since its low in April, leading to a surge in the exit queue. On the other hand, new capital inflows driven by regulatory benefits and institutional demand are increasing the entry queue. Companies like SharpLink Gaming and BitMine Immersion have been acquiring and staking more ETH, contributing to this trend.
