Approximately $2.516 billion ETH is queued to exit the Ethereum PoS network, while about $892 million ETH is waiting to join.

On July 30, according to the validator queue tracking website validatorqueue data, the current exit queue of the Ethereum PoS network reports 659,673 ETH, worth approximately $2.516 billion, with a recent peak of 744,000 ETH and an exit waiting time of about 11 days and 11 hours. Meanwhile, approximately 233,936 ETH, worth about $892 million, is queued to join the network, with an expected activation latency of about 4 days and 1 hour. Previous reports suggest that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to lock in profits after Ethereum rebounded over 160% since the lows in April, leading to a surge in the exit queue; on the other hand, new deposits driven by favourable information from regulators and institutional demand are also pushing up the entry queue, as listed companies like SharpLink Gaming and BitMine Immersion increase their holdings of ETH and stake.