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ETH staking queue surpasses 2.55 million, with activation delay approaching 45 days—BitMine's large-scale staking increases entry difficulty
【Blockchain Rhythm】The validator queue for the Ethereum PoS network has recently grown again. As of January 15, the number of ETH waiting to join the network has reached over 2.55 million, worth approximately $8.6 billion. This means new validators have to wait in line for more than 44 days to officially join.
Who’s responsible? Mainly BitMine has recently been staking ETH on a large scale. This move has directly increased the difficulty for the entire queue to enter.
On the other hand, the exit side is much quieter—only 64 ETH are applying to leave, worth just over $210,000, and the exit only takes 2 minutes. The situation where entering is difficult and exiting is easy is quite clear. From this data, it can be seen that market enthusiasm for ETH staking remains high, and institutions are taking the opportunity to increase their positions. However, the growing length of the entry queue means that the waiting period for new validators is indeed extending.