The ETH queued to exit the Ethereum PoS network has been declining for 9 consecutive days, with approximately $3 billion worth of ETH queued to exit.

On September 7, according to data from the validator queue tracking website validatorqueue, the amount of ETH exiting the Ethereum PoS network has decreased for 9 consecutive days, currently reported at 698,120 coins, valued at approximately 3 billion USD, with an exit waiting time of about 12 days and 3 hours. Meanwhile, there are about 860,782 ETH waiting to join the network, valued at approximately 3.7 billion USD, with an expected activation latency of about 14 days and 23 hours. Previous reports indicated that this situation reflects two opposing forces in the market: on one hand, some stakers may have chosen to lock in profits after a significant rebound in Ethereum 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 pushing up the entry queue, as listed companies such as SharpLink Gaming and BitMine Immersion increase their holdings of ETH and stake.