The amount of ETH queued to exit the Ethereum PoS network has declined for three consecutive days, with approximately $1.785 billion worth of ETH currently in the exit queue

BlockBeats News, August 5 — According to validatorqueue, a validator queue tracking website, the current Ethereum PoS network exit queue stands at 488,686 ETH, valued at approximately $1.785 billion. The number of ETH queued for exit has declined for three consecutive days, with the current exit wait time estimated at 8 days and 12 hours.

Meanwhile, about 125,718 ETH, worth roughly $459 million, are queued to join the network, with an estimated activation delay of 2 days and 4 hours.

Previous reports indicate that this situation reflects two opposing market forces: on one hand, some stakers may be choosing to cash out after Ethereum rebounded more than 160% from its April low, leading to a surge in the exit queue; on the other hand, new capital driven by favorable regulations and institutional demand is pushing up the entry queue, with publicly listed companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking activities.