The Ethereum PoS network has experienced a significant surge in ETH queued for staking, reaching over 2.17 million ETH mainly due to BitMine's large staking activity. The activation delay for these queued deposits is estimated at around 37 days and 16 hours. Meanwhile, ETH exiting the network is far lower at just over 11,000 ETH, with an exit waiting time of under 5 hours.
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Ethereum PoS Network Sees Massive Increase in ETH Staking Queue Driven by BitMine
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