Over 1.66 million ETH, valued at approximately $5.2 billion, are currently queued for activation on the Ethereum Proof-of-Stake (PoS) network, according to validatorqueue data. The activation delay is estimated at 28 days and 22 hours. This surge is primarily due to BitMine's recent large-scale ETH staking. In contrast, the exit queue for ETH leaving the network is minimal, with only 32 ETH, worth about $100,000, waiting to exit. The exit process is significantly faster, with a waiting time of just one minute.