Over 910,000 ETH is currently queued to exit the Ethereum PoS network, setting a new record.

BlockBeats News, August 19th, according to the Validator Queue tracking website validatorqueue data, the current Ethereum PoS network exit queue is reported to be 910,461 ETH, worth approximately 3.91 billion USD, reaching a historical high in terms of exit scale.

At the same time, there are about 268,217 ETH queued to join the network.

Previously reported, this situation reflects the existence of two opposing forces in the market: on the one hand, some stakers may have chosen to cash out significantly since the Ethereum's low point in April, 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 public companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.