ChainCatcher message, according to the validator queue tracking website validatorqueue data, the current exit queue for the Ethereum PoS network is temporarily reported at 846,142 ETH, worth approximately 4 billion USD, which is a relief compared to the previous historical high (916,647 ETH).
Meanwhile, the ETH waiting to join the network has risen to 404,500 (from 152,625 yesterday).
Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to cash in after Ethereum's significant rise since the low point 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 publicly listed companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake them.
