The Ethereum Proof-of-Stake (PoS) network is experiencing a significant increase in its validator queue, with 2,170,452 ETH currently waiting to join, valued at approximately $6.74 billion. This surge is largely attributed to BitMine's recent substantial staking activity. The estimated activation delay for new validators is around 37 days and 16 hours. In contrast, the amount of ETH exiting the network is significantly lower, with only 11,063 ETH, valued at $34.35 million, and an average exit waiting time of about 4 hours and 37 minutes.