According to BlockBeats, on July 27th, according to the validatorqueue tracking website, the number of Ethereum PoS network exit queues has increased to 694000, with a recent peak of 744000. On July 16th, this number was only 1920, and on July 15th, there was no need to queue for exit. Based on current prices, the ETH that is exiting the PoS network is estimated to be around 2.64 billion US dollars, and the withdrawal delay has been extended to 12 days and 1 hour.
At the same time, the demand for staking activated by new validators has reached a turning point after a recent phase of increase. On July 17th, there were 435000 ETH waiting in line to enter the network, but today the admission queue has dropped to 220000, worth about 836 million US dollars. The current queue time for admission queue is 3 days and 20 hours.
Andy Cronk, co-founder of pledge service provider Figment, said earlier: "When the price rises, people will release the pledge and sell to lock in profits. It is observed that retail investors and institutions follow this pattern in multiple cycles."
