CryptoQuant: ETH long liquidations ~9,000 ETH on Feb 6, 2026, longest since mid-2021

On February 6, 2026, the 7-day average of Ethereum long liquidations on Binance reached about 9,000 ETH, according to CryptoQuant. ETH remains below $2,000 as volatility stays elevated and liquidity appears uneven. The report frames this as one of the longest stress periods since mid-2021, highlighting a prolonged deleveraging rather than a single capitulation spike.