Approximately $3.3 billion worth of ETH is queued to exit the Ethereum PoS network, while about $1.03 billion worth of ETH is waiting to join.

robot
Abstract generation in progress

On August 14, according to the validator queue tracking website validatorqueue data, the current Ethereum PoS network exit queue reports 702,703 ETH, valued at approximately $3.3 billion. The number of ETH queued for exit has increased for three consecutive days, with a recent peak of 744,000 ETH, and the exit waiting time is approximately 12 days and 5 hours. Meanwhile, there are about 220,266 ETH queued to join the network, valued at approximately $1.03 billion, with an expected activation latency of about 3 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 has rebounded over 160% since the April low, leading to a surge in the exit queue; on the other hand, new funds driven by regulatory favourable information and institutional demand are also pushing up the entry queue, as listed companies like SharpLink Gaming and BitMine Immersion increase their holdings of ETH and stake.

ETH0.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)