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The amount of ETH queued for exiting the Ethereum PoS network has decreased for 3 consecutive days, with the current value being approximately 17.85 billion USD worth of ETH in the exit queue.
BlockBeats News, August 5th, according to the Validator Queue tracking website validatorqueue data, the current Ethereum PoS network exit queue is temporarily reported as 488,686 ETH, worth approximately $17.85 billion, the queued ETH amount has been continuously decreasing for 3 days, and the exit wait time is approximately 8 days 12 hours.
At the same time, the ETH queued to join the network is approximately 125,718 ETH, worth approximately $4.59 billion, with an expected activation delay of about 2 days 4 hours.
Earlier reports have shown that this situation reflects two opposing forces in the market: on the one hand, some stakers may have chosen to cash out after Ethereum rebounded over 160% from its April low, leading to a surge in the exit queue; on the other hand, new inflows of funds, primarily driven by regulatory tailwinds and institutional demand, are also boosting the entry queue, as seen in publicly traded companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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