CoinVoice has learned that, according to the validator queue tracking website validatorqueue, the number of ETH waiting in line to join the network has risen to 1,775,026, worth approximately $5.52 billion, with an estimated activation delay of about 30 days and 20 hours.
The main reason is that BitMine recently staked a large amount of ETH it holds. The Ethereum PoS network staking exit queue has been cleared, and currently, no users have chosen to redeem ETH from staking.
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CoinVoice has learned that, according to the validator queue tracking website validatorqueue, the number of ETH waiting in line to join the network has risen to 1,775,026, worth approximately $5.52 billion, with an estimated activation delay of about 30 days and 20 hours.
The main reason is that BitMine recently staked a large amount of ETH it holds. The Ethereum PoS network staking exit queue has been cleared, and currently, no users have chosen to redeem ETH from staking.