On January 9, according to the validator queue tracking website validatorqueue, the current number of ETH waiting in line to join the network has risen to 1,775,026, valued at approximately 5.52 billion USD, with an estimated activation delay of about 30 days and 20 hours. The main reason is that BitMine has recently staked a large amount of ETH it holds. Meanwhile, the Ethereum PoS network staking exit queue has been cleared, and currently, no users have chosen to redeem ETH from staking.