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The amount of ETH queued for entry into the Ethereum PoS network continues to grow, reaching a new high since July 2023.

2 hours ago

January 23rd Data from Validator Queue, a tracking site for Ethereum validator queues, shows the amount of ETH waiting to enter the PoS network has risen steadily since December 26, 2025. It now stands at 3,068,886 ETH—its highest level since July 2023—valued at roughly $8.98 billion, with an estimated activation delay of around 53 days and 7 hours. This signals strong, sustained staking demand, largely driven by Ethereum treasury firms and institutions (including BitMine) staking significant amounts of their held ETH. On-chain data indicates BitMine has staked a total of 1,943,200 ETH to date, worth approximately $5.69 billion. Meanwhile, the Ethereum PoS network’s unstaking queue has been cleared: there are currently no major users opting to unstake ETH, meaning stakers can now withdraw their ETH almost instantly.
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