COINOTAG reports that the validator queue data shows that the Ethereum Proof of Stake (PoS) network currently faces a withdrawal queue of 1,012,296 ETH (approximately $46.66 billion), with a reported withdrawal delay of 17 days and 14 hours; meanwhile, about 581,233 ETH is queued to join the protocol. COINOTAG points out that while this phenomenon of simultaneous exits and entries occurs, publicly listed companies, including SharpLink Gaming and BitMine Immersion, have also disclosed an increase in ETH holdings and staking activities. Market participants should track queue metrics and withdrawal delays, using them as key indicators to measure staking liquidity and potential short-term adjustments in the circulating supply of ETH.