BlockBeats message, on January 22, according to the validator queue tracking website validatorqueue data, the current queue waiting to join the Ethereum PoS network has reached 2,818,506 ETH, worth approximately $8.49 billion, with an expected activation delay of about 48 days and 22 hours. The main reason is that BitMine has recently staked a large amount of ETH it holds.

The Ethereum PoS network's staking withdrawal queue has been cleared, and currently there are no users choosing to redeem ETH from staking.