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The amount of ETH queued for joining the Ethereum PoS network has exceeded the amount queued for exiting.
BlockBeats News, September 4th, according to the Validator Queue tracking website validatorqueue data, the current amount of ETH exiting the Ethereum PoS network queue has been continuously decreasing for 6 days, currently standing at 813,389 ETH, worth approximately $3.5 billion, with an exit wait time of about 14 days and 3 hours.
Meanwhile, the ETH queued to join the network is about 824,900 ETH, worth approximately $3.55 billion, exceeding the queued exits, with an expected activation delay of about 14 days and 8 hours.
Previously reported, this situation reflects the presence of two opposing forces in the market: on one hand, some stakers may have chosen to cash out after Ethereum's significant rebound from the April low, leading to a surge in the exit queue; on the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also boosting the entry queue, with publicly traded companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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