Currently, the number of ETH exit queues of Ethereum PoS network is about 2.5 million, and the waiting time has reached 46 days.

According to Bijie.com, as of September 16, 2025, about 2.5 million ETH (valued at approximately US$11.25 billion) in the Ethereum network validator exit queue were waiting for exit. The current exit waiting time has reached 46 days, setting a record high since the implementation of the Ethereum proof of stake mechanism. The congestion began on September 9. Infrastructure service provider Kiln prevented the withdrawal of all verification nodes due to recent security incidents, pushing about 1.6 million ETH into the queue at one time. In addition, ETH price has risen by more than 160% since April, and some pledgers have chosen to take profits, and institutions are also adjusting their asset allocation, which has exacerbated the pressure of exit. Despite the surge in exit demand, validator entry queues remained stable. Analysts pointed out that a large amount of withdrawal funds may be re-private. If 75% of funds flow back, it will be superimposed with the ETF subscription demand, resulting in a significant extension of the activation queue delay in the next few months.