The number of ETH waiting to join the Ethereum PoS network has surpassed the number waiting to exit.

On September 4th, according to data from the validator queue tracking website validatorqueue, the amount of ETH exiting the Ethereum PoS network has decreased for 6 consecutive days, currently reported at 813,389 ETH, valued at approximately $3.5 billion, with an exit waiting time of about 14 days and 3 hours. Meanwhile, there are approximately 824,900 ETH waiting to join the network, valued at about $3.55 billion, which has surpassed the amount queued for exit, with an expected activation latency of about 14 days and 8 hours. Previous reports indicate that this situation reflects two opposing forces in the market: on one hand, some stakers may have chosen to lock in profits after Ethereum's significant rebound since the low in April, leading to a surge in the exit queue; on the other hand, new inflows driven by regulatory favourable information and institutional demand are also pushing up the entrance queue, as publicly traded companies like SharpLink Gaming and BitMine Immersion increase their ETH holdings and stake.