Currently, approximately $8.61 billion worth of ETH is waiting in line to join the Ethereum PoS network, and the staking exit queue has been cleared.

According to ChainCatcher, data from validatorqueue, a website that tracks validator queues, shows that the current queue of ETH waiting to join the Ethereum PoS network has risen to 2,596,246, worth approximately $8.61 billion, with an estimated activation delay of about 45 days and 2 hours. The main reason for this is that BitMine recently staked a large amount of its ETH. The Ethereum PoS network's staking exit queue has been cleared, and currently no users are choosing to redeem their ETH from their staked accounts.