BlockBeats news, on August 3, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network reports 559,412 ETH, worth approximately 1.931 billion USD, with a recent peak of 744,000 ETH and an exit waiting time of about 9 days and 17 hours.
Meanwhile, approximately 123,694 ETH are queued to join the network, worth about 427 million USD, with an expected activation delay of about 2 days and 4 hours.
Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to cash out after Ethereum rebounded over 160% from its April low, leading to a surge in the exit queue; on the other hand, new deposits driven by positive regulatory news and institutional demand are also pushing up the entry queue, as listed companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake.
