BlockBeats News, August 28th, according to the Validator Queue tracking website validatorqueue data, the current Ethereum PoS network exit queue has risen to 1,075,268 ETH, worth approximately $49.5 billion, and the withdrawal delay has extended to 18 days and 16 hours.
At the same time, ETH waiting to enter the network is approximately 738,733 ETH, worth around $34 billion, also showing an upward trend, with the admission queue currently having a wait time of 12 days and 20 hours.
Previously reported, this situation reflects the presence of two opposing forces in the market: on the one hand, some stakers may choose 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 of funds driven by regulatory tailwinds and institutional demand are also boosting the entry queue, with listed companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.