Ethereum is experiencing a renewed wave of long-term capital commitment as staking demand climbs and more supply is taken out of circulation. Over 1.7 million ETH, valued at roughly $5.5 billion, is now queued for validator activation, with new stakers facing delays of nearly a month. This shrinking liquid supply, combined with institutional yield strategies and anticipated network upgrades, is tightening underlying market conditions around key price support levels.

Ethereum is consolidating around $3,000 as tokenized assets on its network scale, with stablecoins near $190 billion and other segments measured in the billions. On January 10 and 11, 2026, Merlijn The Trader and Ted Pillows flagged a potential ETH rotation and a possible move toward $3,500–$3,600 if the $3,000 support holds.

On January 11, a report said Venezuela's President Nicolás Maduro used Tether (USDT) to help PdVSA settle oil trades under U.S. sanctions. Tether reiterated cooperation with U.S. authorities and freezes wallets on official request. USDT was near $0.99 with a $186.76 billion market cap and about $37.36 billion in 24-hour volume.

The XRP Ledger community has outlined a 2026 target of 11,557,546 XRP locked in its AMM infrastructure, setting a baseline for further DeFi development and liquidity growth. Current AMM metrics show 24,643 active pools, 21,296 XRP pairs and 15,733 tokens, with about $24.1 million in value representing roughly 2.1% of XRP's 24-hour volume. Planned upgrades include support for single-sided stablecoin liquidity and improved FX-style on-chain routing, although no foundation-backed funding programs have been disclosed.

On January 11, approximately $2.1M in TRADOOR was reportedly withdrawn from Bitget and moved to 10 newly created wallets. Neither Bitget nor the Tradoor team has confirmed the transfers, and immediate market reaction appeared limited. Concerns center on liquidity and possible downstream effects as official statements remain absent.

On-chain data shows about $716 million worth of Shiba Inu currently held on centralized exchanges, raising concerns about potential sell pressure and limited bullish drivers. However, actual tradable liquidity is estimated to be closer to $100–200 million before slippage and disorderly price moves increase sharply. SHIB is attempting a modest recovery from recent lows but continues to face strong resistance near key moving averages as exchange reserves keep trending higher.

Grayscale transferred 8,242.844 ETH and 1,188 SOL, valued around $25 million, to a Coinbase Prime address. The activity was observed in recent days and reflects its use of institutional services. Grayscale and Coinbase have not issued public statements on the specific transfers.

On January 11, 2026, Tom Lee’s BitMine staked an additional 86,400 ETH worth $266.3 million, lifting its staked total to 1,080,512 ETH, about $3.33 billion. According to Arkham, the firm made multiple small deposits to Ethereum’s BatchDeposit contract on Sunday, and on-chain data indicate that at the current price of $ 3,091.40 ETH, BitMine holds approximately 2.738 million ETH worth approximately $8.46 billion.