The number of ETH in the queue to join the Ethereum PoS network has reached 404,500, while over 840,000 ETH are waiting to exit.

On August 25th, based on the data from the Validator Queue tracking website validatorqueue, the current exit queue of the Ethereum PoS network is temporarily reported to be 846,142 ETH, which is approximately worth 4 billion US dollars. This is a slight relief compared to the previous all-time high of 916,647 ETH. At the same time, the queued ETH waiting to join the network has risen to 404,500 ETH (compared to 152,625 ETH yesterday). Previously reported, this situation reflects the existence of two opposing forces in the market. On the one hand, some stakers may choose to cash out after Ethereum has surged significantly since the April low point, resulting in a sharp increase in the exit queue. On the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also pushing up the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and are staking.