The Ethereum proof-of-stake (PoS) network has a queue of over 2.17 million ETH waiting to be activated, valued at around $6.74 billion, causing an estimated activation delay of nearly 38 days. BitMine has recently staked a large amount of ETH, contributing to the queue increase. The exit queue contains about 11,063 ETH worth approximately $34.35 million, with a roughly 4.5-hour waiting time for withdrawals.
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Ethereum PoS Network Sees Over $6.7 Billion ETH in Queue, Activation Delay Approaches 38 Days
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