The amount of ETH queued for exiting the Ethereum PoS network has decreased for four consecutive days, with the current value at approximately $1.612 billion worth of ETH in the exit queue.

On August 6th, based on the data from the Validator Queue tracking website validatorqueue, it is reported that the current exit queue of the Ethereum PoS network is 443,164 ETH, which is approximately worth $16.12 billion. The amount of queued ETH has been decreasing continuously for 4 days, and the exit waiting time is approximately 7 days and 17 hours. At the same time, the amount of ETH waiting to join the network is approximately 95,626 ETH, worth approximately $3.47 billion, with an expected activation delay of about 1 day and 16 hours. Previously reported, this situation reflects the existence of two opposing forces in the market. On the one hand, some stakers may have chosen to cash out after Ethereum rebounded by more than 160% from its April low, resulting in a surge in the exit queue. On the other hand, new funds being deposited driven by regulatory optimism and institutional demand are also boosting the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and are staking.