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Over 404,500 ETH Queueing to Join Ethereum PoS Network, While Over 846,142 ETH Waiting to Exit
Summary: According to reports, data from the validatorqueue website shows that the current Ethereum PoS network exit queue is at 846,142 ETH, worth approximately $4 billion, slightly easing from the previous high of 916,647 ETH. Meanwhile, the number of ETH queueing to join the network has risen to 404,500 ETH (from 152,625 ETH yesterday). This situation ...
According to reports, data from the validatorqueue website shows that the current Ethereum PoS network exit queue is at 846,142 ETH, worth approximately $4 billion, slightly easing from the previous high of 916,647 ETH. Meanwhile, the number of ETH queueing to join the network has risen to 404,500 ETH (from 152,625 ETH yesterday). 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 boosting the entry queue, with companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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Link: Over 404,500 ETH Queueing to Join Ethereum PoS Network, While Over 846,142 ETH Waiting to Exit [Copy]