The number of ETH queued to join the Ethereum PoS network has exceeded the number of queued exits

According to ChainCatcher, according to the validatorqueue data, the number of ETHs that are exiting the queue on the validator queue on the Ethereum PoS network has been declining continuously, temporarily reporting 813,389 pieces, worth about US$3.5 billion, and the exit waiting time is about 14 days and 3 hours. At the same time, the ETHs that are waiting to join the network are about 824,900 pieces, worth about US$3.55 billion, exceeding the number of queued exits. The activation delay is expected to be about 14 days and 8 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 lows, 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.