The amount of ETH queued to exit the Ethereum PoS network has decreased for 3 consecutive days, with approximately $1.785 billion worth of ETH currently queued for exit.

On August 5, according to data from the validator queue tracking website validatorqueue, the current exit queue for the Ethereum PoS network temporarily reports 488,686 ETH, worth approximately $1.785 billion. The number of ETH queued for exit has declined for three consecutive days, with an exit waiting time of about 8 days and 12 hours. Meanwhile, approximately 125,718 ETH worth about $459 million are queued to join the network, with an expected activation delay of about 2 days and 4 hours. Previous reports indicated that this situation reflects two opposing forces in the market: on one hand, some stakers may choose to lock in profits after Ethereum rebounded over 160% since its April low, leading to a surge in the exit queue; on the other hand, new deposited funds driven by regulatory favourable information and institutional demand are also pushing up the entry queue, as listed companies like SharpLink Gaming and BitMine Immersion increase their holdings of ETH and stake.