The Ethereum PoS Network's ETH Staked for Withdrawal has decreased to 879,000, while over 850,000 ETH are queued to join

BlockBeats News, September 2nd. According to the Validator Queue tracking website validatorqueue data, the current amount of ETH exiting the Ethereum PoS network queue has been decreasing for 4 consecutive days, currently standing at 879,063 ETH, valued at approximately 3.82 billion US dollars, with an exit wait time of about 15 days and 6 hours.

Meanwhile, the ETH queued to join the network has increased to around 857,719 ETH, valued at approximately 3.72 billion US dollars, with an estimated activation delay of about 14 days and 21 hours.

Previously reported, this situation reflects the presence of two opposing forces in the market: on the 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 pushing up the entry queue, with listed companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.