Data: Over 910,000 ETH Queued to Exit Ethereum PoS Network, Setting a New Record

According to ChainCatcher, citing data from validatorqueue, a validator queue tracking website, the current Ethereum PoS network exit queue stands at 910,461 ETH, valued at approximately $3.91 billion, marking a record high in terms of the number of coins exiting.

Meanwhile, about 268,217 ETH are queued, waiting to join the network.

Previous reports indicate that this situation reflects two opposing market forces: on one hand, some stakers may be choosing to cash out after Ethereum’s significant rally since its April lows, leading to a surge in the exit queue; on the other hand, new capital driven by favorable regulations and institutional demand is also pushing up the entry queue, with publicly listed companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and participating in staking.