The amount of ETH queued to exit the Ethereum PoS network has decreased for four consecutive days, currently approximately $1.612 billion worth of ETH is queued to exit.

On August 6, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network reports 443,164 ETH, worth approximately $1.612 billion. The number of ETH queued for exit has decreased for four consecutive days, with an exit waiting time of about 7 days and 17 hours. Meanwhile, approximately 95,626 ETH, worth about $347 million, are queued to join the network, with an expected activation latency of about 1 day and 16 hours. Previous reports indicated that this situation reflects two opposing forces in the market: on one hand, some stakers may have chosen to lock in profits after Ethereum rebounded more than 160% from its low in April, leading to a surge in the exit queue; on the other hand, new funds driven by favourable information from regulators and institutional demand are also pushing up the entry queue, as publicly traded companies such as SharpLink Gaming and BitMine Immersion increase their holdings in ETH and stake.