Currently, approximately $8.49 billion worth of ETH is queued to join the Ethereum PoS network, and the staking exit queue has been cleared.

ETH8,1%

ChainCatcher message, according to the validator queue tracking website validatorqueue data, the current number of ETH waiting in line to join the Ethereum PoS network has risen to 2,818,506, worth approximately 8.49 billion USD, with an estimated activation delay of about 48 days and 22 hours.

The main reason is that BitMine recently pledged a large amount of ETH it holds. The Ethereum PoS network staking exit queue has been cleared, and currently, no users have chosen to redeem ETH from staking.

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