The number of ETH queued to exit the Ethereum PoS network has risen to 914,000, while over 620,000 ETH are waiting to join.

On August 26, according to data from the validator queue tracking site validatorqueue, the current number of Ethereum PoS network exits has risen to 914,690 coins, valued at approximately $4.03 billion, with withdrawal latency extended to 15 days and 21 hours. Meanwhile, there are about 623,750 ETH waiting to join the network, valued at approximately $2.75 billion, also showing an upward trend, with the current waiting time for the entry queue at 10 days and 20 hours. Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to lock in profits after Ethereum's significant rise since the April low, leading to a surge in the exit queue; on the other hand, new deposits driven by regulatory favourable information and institutional demand are also pushing up the entry queue, as publicly listed companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake.