Ethereum PoS Network Faces High Exit Queue and Withdrawal Delays

According to BlockBeats, the Ethereum Proof-of-Stake (PoS) network is experiencing a high exit queue, with 2.369 million ETH currently pending withdrawal. This amount is valued at approximately $10.2 billion based on current prices, and the withdrawal delay is reported to be 41 days and 3 hours. The withdrawal delay includes a 9.1-day Sweep Delay, which is the additional waiting time for funds to be transferred to withdrawal addresses. This delay may be attributed to the large number of validators in the exit queue. Furthermore, the demand for staking by new validators in the Ethereum PoS network has slightly decreased compared to last week. The current activation queue stands at 349,000 ETH, valued at around $1.5 billion, with a queue time of 6 days and 2 hours.