Ethereum Validator Queue Exceeds 1.66 Million ETH, Signaling 29-Day Activation Delay

On Jan. 8, Ethereum’s proof-of-stake validator entry queue swelled to over 1.66 million ETH—about $5.2 billion—creating an estimated activation delay of nearly 29 days, according to validatorqueue data cited by BlockBeats. The surge is largely attributed to BitMine staking a significant portion of its ETH holdings. By contrast, the exit queue holds just 32 ETH with a wait time of roughly one minute, signaling strong validator confidence and network participation on Ethereum.