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Over 910,000 ETH in Queue to Exit Ethereum PoS Network, Setting Historical Record

Summary: According to validatorqueue data, the current queue to exit the Ethereum PoS network is reported at 910,461 ETH, worth approximately $39.1 billion, setting a historical record in terms of coin value. At the same time, approximately 268,217 ETH are in queue to join the network. This situation reflects two opposing forces in the market: some ...

According to validatorqueue data, the current queue to exit the Ethereum PoS network is reported at 910,461 ETH, worth approximately $39.1 billion, setting a historical record in terms of coin value. At the same time, approximately 268,217 ETH are in queue to join the network. This situation reflects two opposing forces in the market: some stakers may be cashing out after a significant rise in Ethereum since the April low, leading to a surge in the exit queue; on the other hand, new funds entering the market driven by regulatory optimism and institutional demand are also increasing the entry queue, with companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.

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