ETH fluctuating around $3000: liquidity dilemma amid high staking enthusiasm and bullish market risks

NonFungibleDegen · 2026-01-14T06:20:10+00:00

Ethereum price is fluctuating around $3,000 due to a large influx of funds into staking, leading to reduced liquidity. Currently, 2.16 million ETH are pending staking, and leveraged long positions have reached 70%. Although the short-term outlook is optimistic, insufficient spot demand may form a bull trap, and attention should be paid to whether the spot market can support the price.

NonFungibleDegen

2026-01-14 06:20:10

Abstract generation in progress

【Crypto World】Ethereum’s recent performance is quite interesting — the price has been oscillating around $3000, and the underlying logic isn’t complicated. A large influx of funds into staking has directly siphoned liquidity from the spot market. There are now 2.16 million ETH queued to enter the staking pool, which is indeed a significant number.

The problem is. The number of leveraged long positions is quietly increasing, with some leading exchange’s perpetual contracts’ long positions already reaching 70%, which is a bit alarming. In the short term, it looks optimistic, but if spot demand can’t keep up with the pace of being drained, it could be dangerous — a classic sign of a bull trap.

Simply put: the staking frenzy has increased ETH’s “cost,” but the demand on the trading layer hasn’t caught up yet. The more leverage accumulates, the more intense the correction will be. The key still depends on whether the spot side can absorb this wave.

ETH0,88%

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FloorSweeper

· 16h ago

2.16 million ETH are in line, how much can it siphon off? Can spot trading handle it?

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MEVSupportGroup

· 16h ago

2.16 million tokens queued for staking... This is just digging a hole for the bears, and a leverage explosion is imminent.

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StableGenius

· 17h ago

nah this staking liquidity drain is exactly what i predicted—supply side getting absolutely drained while leverage just keeps stacking. 70% longs? that's not bullish, that's textbook trap setup waiting to happen.

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PanicSeller

· 17h ago

2.16 million tokens queued for staking... This is just digging your own grave; spot trading can't hold up at all.

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NFTHoarder

· 17h ago

It's the same old trick again—staking to drain spot holdings, leverage stacking up into a mountain. A washout is bound to happen sooner or later.

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