Around 560,000 ETH is currently queued to exit the Ethereum PoS network, while over 123,000 ETH is waiting to join.
BlockBeats News, August 3, according to the Validator Queue tracking website validatorqueue data, the current Ethereum PoS network exit queue is temporarily reporting 559,412 ETH, worth approximately $19.31 billion, with a recent peak of 744,000 ETH, and an exit waiting time of approximately 9 days and 17 hours.
At the same time, there are approximately 123,694 ETH queued to join the network, worth approximately $4.27 billion, with an expected activation delay of about 2 days and 4 hours.
Previously reported, this situation reflects the presence of two opposing forces in the market: on the one hand, some stakers may choose to cash out after Ethereum rebounded over 160% from its April low, leading to a surge in the exit queue; on the other hand, new funds deposited due to regulatory optimism and institutional demand are also driving up the entry queue, with publicly traded companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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