Nearly 560,000 ETH are queued to exit the Ethereum PoS network, while over 123,000 ETH are waiting to join.

On August 3rd, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network reports 559,412 Ether, worth approximately $1.931 billion, with a recent peak of 744,000 Ether and an exit waiting time of about 9 days and 17 hours. Meanwhile, there are approximately 123,694 Ether waiting to join the network, worth about $427 million, with an expected activation latency of about 2 days and 4 hours. Previous reports indicated that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to lock in profits after Ethereum's rebound of over 160% since the low in April, leading to a surge in the exit queue; on the other hand, new inflows of funds driven by favorable regulatory information and institutional demand are also pushing up the entry queue, as publicly traded companies like SharpLink Gaming and BitMine Immersion increase their holdings of Ether and stake.