The amount of ETH waiting to join the Ethereum PoS network has exceeded the amount waiting to exit

According to data from validatorqueue, a validator queue tracking website, the number of ETH in the current Ethereum PoS network exit queue has been declining continuously, temporarily reported at 813,389, worth approximately US$3.5 billion, and the exit waiting time is approximately 14 days and 3 hours. At the same time, there are approximately 824,900 ETH waiting to join the network, worth approximately US$3.55 billion, which has exceeded the number of exits in the queue. The activation delay is expected to be approximately 14 days and 8 hours. As previously reported, this situation reflects the existence of two opposing forces in the market: on the one hand, some stakers may choose to cash in after Ethereum rebounded sharply from its April lows, resulting in a surge in exit queues; on the other hand, new deposits driven by regulatory benefits and institutional demand are also pushing up the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion are increasing their holdings of ETH and staking it.