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Number of ETH Exiting Ethereum PoS Network Reaches 1.075 Million, Over 730,000 ETH Waiting to Join
Summary: According to ValidatorQueue data, the current number of ETH exiting the Ethereum PoS network queue has reached 1,075,268, valued at approximately $4.95 billion, with withdrawal delays extended to 18 days and 16 hours. Meanwhile, around 738,733 ETH are queuing to join the network, valued at approximately $3.4 billion, also showing an upward trend, with an ...
According to ValidatorQueue data, the current number of ETH exiting the Ethereum PoS network queue has reached 1,075,268, valued at approximately $4.95 billion, with withdrawal delays extended to 18 days and 16 hours.
Meanwhile, around 738,733 ETH are queuing to join the network, valued at approximately $3.4 billion, also showing an upward trend, with an average queue time of 12 days and 20 hours.
This situation reflects two opposing forces in the market: some stakers may be cashing out after the 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 pushing up the entry queue, with companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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Link: Number of ETH Exiting Ethereum PoS Network Reaches 1.075 Million, Over 730,000 ETH Waiting to Join [Copy]