Ethereum’s Proof-of-Stake (PoS) network is witnessing an unprecedented surge in withdrawal requests, as the exit queue for staking rewards has reached its highest point ever. Data from Validatorqueue reveals over 2.4 million ETH awaiting withdrawal this week, a record-breaking amount that amounts to approximately $10 billion and translates into a 41-day and 21-hour waiting time. On the other hand, the network is experiencing another surge in ETH entering the network; with 501,000 ETH held in the queue, with a market value of $2.25 billion and an estimated wait time of 8 days and 17 hours. While this influx raises concerns about potential selling pressure from ETH holders, experts highlight that it’s driven by institutional inflows via spot ETFs and corporate treasuries. However, the recent withdrawals haven’t threatened the stability of the Ethereum network which still boasts over a million active validators actively staking 35.6 million ETH, representing nearly 29.4% of the total supply.