Ethereum’s growing staking base is tightening liquid supply, but ETH still needs stronger demand before bulls can claim a recovery.Ethereum’s growing staking base is tightening liquid supply, but ETH still needs stronger demand before bulls can claim a recovery.

Why Is ETH Still Weak While Ethereum Staking Hits Record Highs?

2026/07/02 00:05
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Ethereum (ETH) is drawing new staking deposits even as its price remains under pressure near the $1,500 level.

Key Points:

Ethereum Staking

Ethereum is showing a split between weak spot trading and stronger on-chain commitment from holders.

The price chart still leaves bulls with little room for comfort. ETH remains near $1,500, a level traders are watching for support, liquidation risk and signs of renewed short positioning.

That zone matters.

When a token trades near a major psychological level, each rebound can draw attention from buyers, but each rejection can also invite new selling.

The staking market is sending a different signal. Deposits on the Beacon Chain continue to move toward record levels, according to the report, locking more ETH away from the pool of coins that can move quickly through exchanges.

Staked coins can be withdrawn over time, but they are not as liquid as ETH held on a spot exchange account. That distinction matters most during periods of volatility, when liquid balances are the easiest source of sell pressure.

Also Read: TAO Tests $196 While Bittensor Builds Institutional Crypto Rails

ETH Supply

The staking trend should not be treated as a direct bullish signal. It changes market structure, but it does not replace demand.

If buyers stay cautious, Ethereum can keep falling even as more supply moves into staking. If demand improves while liquid supply is thinner, however, a rebound can become sharper than it otherwise would have been.

That is the core tension in the current setup. Ethereum has a structural support factor building under a weak chart, while traders wait for clearer evidence that spot demand is returning.

Bulls still need price confirmation. They would want ETH to stabilize near current levels, reclaim important resistance areas and avoid a wave of withdrawals that could weaken the supply argument later. Ethereum’s recent pressure explains why the staking data matters now. The asset remains pinned near $1,500, yet long-term holders are still locking coins, creating a market where the supply picture can improve before the chart confirms a floor.

Read Next: Anthropic Faces Backlash After Claude Code Secretly Flagged Users Linked To 147 Chinese Domains

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$1,622.67
$1,622.67$1,622.67
+0.15%
USD
Ethereum (ETH) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.