According to network data on Jan. 26, activation waits about 54 days 6 hours with the exit queue cleared, amid fresh deposits from BitMine and institutional Ethereum treasuries.
Ethereum’s Proof-of-Stake validator entry queue reached 3,125,624 ETH (~$9.01B), indicating strong staking demand. As of Jan. 26, the estimated activation wait is about 54 days 6 hours. The exit queue is cleared, allowing near-immediate withdrawals. Recent deposits came from BitMine and other Ethereum treasury firms and institutions.