The number of ETH queued to exit the Ethereum PoS network has decreased to 879,000, while over 850,000 ETH are waiting to join.

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On September 2, according to the validator queue tracking website validatorqueue, the amount of ETH exiting the Ethereum PoS network has declined for four consecutive days, currently reporting 879,063 coins, valued at approximately $3.82 billion, with an exit waiting time of about 15 days and 6 hours. Meanwhile, the amount of ETH waiting to join the network has risen to about 857,719 coins, valued at approximately $3.72 billion, with an expected activation latency of about 14 days and 21 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 rebound from its April lows, leading to a surge in the exit queue; on the other hand, new inflows driven by favourable information and institutional demand are also pushing up the entry queue, as publicly traded companies like SharpLink Gaming and BitMine Immersion increase their holdings of ETH and stake.

ETH-0.58%
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