ETH queued to exit the Ethereum PoS network dropped to 879,000, while more than 850,000 ETHs were waiting to join

According to BlockBeats, on September 2, according to the validator queue tracking website validatorqueue data, the current number of ETH exiting the Ethereum PoS network has dropped for 4 consecutive days, temporarily reporting 879,063 pieces, worth approximately US$3.82 billion, and the exit waiting time is about 15 days and 6 hours. Meanwhile, ETH queued to join the network rose to about 857,719, worth about $3.72 billion, with an estimated activation delay of about 14 days and 21 hours. Previous reports have reflected that this situation reflects the existence of two opposite forces in the market: on the one hand, some pledgers may choose to put their pockets after Ethereum rebounded sharply from its April low, resulting in a surge in exit queues; on the other hand, new deposited funds driven by regulatory benefits and institutional demand are also pushing up the entry queue, such as listed companies such as SharpLink Gaming and BitMine Immersion to increase their holdings of ETH and pledge them.