Ethereum’s Proof-of-Stake network is buzzing with movement right now—both in and out.

The exit queue is stacking up fast, with around 559,412 ETH (worth roughly $1.93 billion) lined up to leave. At its recent peak, that number hit 744,000 ETH. If you're planning to exit, be ready to wait—it's currently taking about 9 days and 17 hours.

Meanwhile, the entry line isn’t exactly short either. Around 123,694 ETH (valued at ~$427 million) are queued up to join the network, with an estimated activation wait of just over 2 days.

This paints an interesting picture of two opposing forces: some stakers are locking in profits after ETH’s impressive 160% rebound since April lows, while fresh capital—fueled by favorable regulation and growing institutional interest—is flowing in. Companies like SharpLink Gaming and BitMine Immersion are part of that push, steadily increasing their ETH staking positions.

It’s a tug-of-war between profit-taking and long-term confidence in the network.