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ETH worth approximately $3.67 billion queued to exit Ethereum PoS network for 5 consecutive days

Summary: According to validatorqueue data, the amount of ETH queued to exit the Ethereum PoS network has decreased for 5 consecutive days, currently standing at 851,831 ETH, worth approximately $3.67 billion, with an estimated wait time of about 14 days and 19 hours. Meanwhile, approximately 817,213 ETH worth around $3.52 billion are queued to join the ...

According to validatorqueue data, the amount of ETH queued to exit the Ethereum PoS network has decreased for 5 consecutive days, currently standing at 851,831 ETH, worth approximately $3.67 billion, with an estimated wait time of about 14 days and 19 hours.

Meanwhile, approximately 817,213 ETH worth around $3.52 billion are queued to join the network, with an expected activation delay of about 14 days and 5 hours.

This situation reflects two opposing forces in the market: some stakers may be cashing out after Ethereum's significant rebound from the April low, leading to an increase in the exit queue; on the other hand, 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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