BlockBeats news, on August 5th, according to the validator queue tracking website validatorqueue data, the current number of ETH exiting the Ethereum PoS network is reported to be 488,686, valued at approximately 1.785 billion USD. The number of ETH queuing to exit has decreased for three consecutive days, with an exit waiting time of about 8 days and 12 hours.
Meanwhile, there are approximately 125,718 ETH waiting to join the network, valued at about 459 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 take profits after Ethereum rebounded over 160% since the low in April, leading to a surge in the exit queue; on the other hand, new incoming funds driven by regulatory benefits and institutional demand are also pushing up the entry queue, as public companies like SharpLink Gaming and BitMine Immersion increase their holdings of ETH and engage in staking.