According to ChainCatcher news and data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network reports 910,461 ETH, valued at approximately $3.91 billion, setting a historical record for the scale of exits.
Meanwhile, there are approximately 268,217 ETH waiting in line to join the network.
Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may be choosing to cash out after a significant rise since Ethereum's low in April, leading to a surge in the exit queue; on the other hand, new funds being driven by regulatory benefits and institutional demand are pushing up the entry queue, as publicly traded companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake.
