The number of ETH waiting to exit the Ethereum PoS network has decreased for four consecutive days, with approximately $1.612 billion worth of ETH currently waiting to exit.

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On August 6th, according to data from the validator queue tracking website validatorqueue, the current Ethereum PoS network exit queue is reported at 443,164 ETH, valued at approximately $1.612 billion. The number of ETH queued for exit has been declining for 4 consecutive days, with an exit waiting time of about 7 days and 17 hours.

Meanwhile, approximately 95,626 ETH are queued to join the network, valued at around $347 million, with an estimated activation delay of about 1 day and 16 hours.

Previous reports indicate that this situation reflects two opposing market forces: on one hand, some stakers may choose to take profits after Ethereum rebounded over 160% from its April low point, leading to a surge in the exit queue; on the other hand, new funds driven by regulatory benefits and institutional demand are also pushing up the entry queue, with listed companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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