Ethereum PoS Network Experiences Surge in ETH Queue

According to BlockBeats, as of January 13, data from validatorqueue indicates a significant increase in the number of ETH waiting to join the Ethereum PoS network, reaching 2,170,452 ETH. This surge is primarily attributed to BitMine's recent decision to stake a large amount of ETH. The estimated activation delay for these transactions is approximately 37 days and 16 hours. In contrast, the number of ETH in the exit queue from the Ethereum PoS network is considerably lower, totaling 11,063 ETH. The estimated waiting time for these exits is around 4 hours and 37 minutes.