Ethereum’s Proof-of-Stake (PoS) network is experiencing a substantial increase in its exit queue, with 2.656 million ETH currently valued at approximately $9.03 billion waiting to be withdrawn. This queue delay is estimated at 46 days and 3 hours. Meanwhile, the entry queue for the PoS network remains high, holding 725,000 ETH worth roughly $2.47 billion, with a projected delay of around 12 days and 14 hours. The surge in exit queue activity is primarily attributed to Kiln’s withdrawal of its validator nodes. Kiln, which holds approximately 1.6 million ETH, has announced an orderly exit from all its Ethereum validator nodes due to a security incident affecting SwissBorg. This decision aims to safeguard the integrity of their staked assets.