The Ethereum PoS network's exit and admission queue has risen slightly, with approximately $2.57 billion ETH queued for exit.

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According to BlockBeats news on July 29, the validator queue tracking website validatorqueue reports that the current exit queue for the Ethereum PoS network totals 676,000 ETH, peaking recently at 744,000 ETH, while on July 16 this number was only 1,920 ETH, and on July 15 there was no need to queue for exit. At the current price, the ETH exiting the PoS network is worth approximately $2.57 billion, with withdrawal latency extended to 11 days and 18 hours. Meanwhile, the staking demand for new validators has reached a turning point after a recent stage of increase, with 435,000 ETH queued to enter the network on July 17, while today the admission queue has dropped to 245,000 ETH, worth about $930 million, with the current queuing time for admission being 4 days and 6 hours. Andy Cronk, co-founder of staking service provider Figment, previously stated: "When prices rise, people unstake and sell to lock in profits, and it has been observed that both retail investors and institutions follow this pattern over multiple cycles."

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GreenSuckersMeowvip
· 15h ago
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CryptoRoyalvip
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