The amount of ETH queued to exit the Ethereum PoS network surpasses 1 million, setting a new all-time high.
According to ChainCatcher, citing data from the validator queue tracking website validatorqueue, the current Ethereum PoS network exit queue has risen to 1,012,296 ETH, valued at approximately $4.666 billions, with withdrawal delays now extended to 17 days and 14 hours.
Meanwhile, about 581,233 ETH are queued to join the network. Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may be choosing to cash out after Ethereum's significant rise since the April low, leading to a surge in the exit queue; on the other hand, new inflows driven by favorable regulatory developments and institutional demand are also pushing up the entry queue, as publicly listed companies such as SharpLink Gaming and BitMine Immersion increase their ETH holdings and engage in staking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDC Treasury minted an additional 250 million USDC on the Solana chain.

Bitget Launchpool project BTR is now open for participation; stake BGB or BTR to unlock 2.75 million BTR.
BTIP-103 proposal enters community review stage to support the development of Tron ecosystem infrastructure
Trending news
MoreCrypto prices
More








