Approximately $2.64 billion ETH is queued to exit the Ethereum PoS network, and new staking demand has begun to decline.

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On July 27, according to data from the validator queue tracking website validatorqueue, the current number of Ethereum PoS network exits has increased to 694,000, with a recent peak of 744,000. On July 16, this number was only 1,920, and on July 15, there was no need to queue for withdrawal. Based on current prices, the ETH exiting the PoS network is approximately $2.64 billion, and the withdrawal latency has been extended to 12 days and 1 hour. Meanwhile, the staking demand from newly activated validators has reached an inflection point after a recent phase of increased demand. On July 17, there were 435,000 ETH queued to enter the network, while today the admission queue has decreased to 220,000, worth about $836 million, with a current queue duration of 3 days and 20 hours. Figment co-founder Andy Cronk previously stated: "When prices rise, people will unstake and sell to lock in profits, observing that both retail investors and institutions follow this pattern over multiple cycles."

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