Data: Over 788,000 ETH Queued to Exit Ethereum PoS, Setting a New Record

According to ChainCatcher, citing validatorqueue data, the current Ethereum PoS network exit queue stands at 788,624 ETH, valued at approximately $3.651 billion, marking a record high in exit volume denominated in ETH. Meanwhile, about 332,846 ETH are queued to join the network.

This situation reflects two opposing forces in the market: on one hand, some stakers may be choosing to cash out after Ethereum rebounded more than 160% from its April low, resulting in a surge in the exit queue; on the other hand, new capital driven by favorable regulatory developments and institutional demand is also pushing up the entry queue, as publicly listed companies such as SharpLink Gaming and BitMine Immersion increase their ETH holdings and participate in staking.