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Ethereum PoS Network Exits Queue Drops to Around 527,128 ETH, Joining Queue Rises to Around 149,701 ETH
Summary: According to validatorqueue data, the Ethereum PoS network's exit queue is currently reported at around 527,128 ETH, down from nearly 560,000 ETH yesterday, valued at approximately $18.62 billion, with a recent peak of 744,000 ETH. The current wait time for exiting is about 9 days and 4 hours. Meanwhile, the ETH waiting to join the ...
According to validatorqueue data, the Ethereum PoS network's exit queue is currently reported at around 527,128 ETH, down from nearly 560,000 ETH yesterday, valued at approximately $18.62 billion, with a recent peak of 744,000 ETH. The current wait time for exiting is about 9 days and 4 hours. Meanwhile, the ETH waiting to join the network has increased to around 149,701 ETH from 123,000 ETH yesterday, valued at approximately $5.29 billion, with an expected activation delay of about 2 days and 14 hours. This situation reflects two opposing forces in the market: some stakers may be cashing out after Ethereum rebounded over 160% from its April low, leading to a surge in the exit queue, while new funds entering the market driven by regulatory optimism and institutional demand are boosting the entry queue, with companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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Link: Ethereum PoS Network Exits Queue Drops to Around 527,128 ETH, Joining Queue Rises to Around 149,701 ETH [Copy]