Address 0xEc0B was liquidated 21 times on long positions across BTC, ETH, ENA, WIF, NEAR, CRV and DOGE on Feb. 6, with total losses exceeding $19.7 million, Lookonchain data show. The liquidations occurred during a broader crypto market sell-off, BlockBeats reported.

The Crypto Fear & Greed Index dropped to 9 on Feb. 6 from 12 the previous day, indicating "Extreme Fear," Alternative data show. The index ranges from 0 to 100 and weighs volatility (25%), trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends (10%).

A newly created wallet that began building a long position in ETH four days ago was fully liquidated, with losses exceeding $4 million, Lookonchain data show. The liquidation occurred approximately six hours before the report on February 6, with on-chain activity indicating the entire leveraged Ethereum position in the new whale address was closed out.

The global cryptocurrency market capitalization dropped to $2.295 trillion on Feb. 6, declining more than 10% in 24 hours, Coingecko data show. Trading volume across the crypto market reached $348.58 billion over the same period.

Bitcoin mining company MARA transferred 1,318 BTC valued at approximately $86.89 million to OTC platforms over the past 10 hours, lookonchain data show. The BTC was sent to Two Prime, BitGo and Galaxy Digital on Feb. 6.

Loracle, an early Hyperliquid contributor and the platform's largest HYPE long holder, closed all BTC and ETH short positions over the past six hours for approximately $56 million in total, netting roughly $2.43 million on BTC shorts and $3.6 million on ETH shorts, Coinbob hot address data cited by BlockBeats show. The trader reopened a BTC short near $63,200 and added an ETH short, maintaining a hedge strategy of shorting BTC and ETH against a long HYPE position, and plans to take BTC profits in batches if prices fall to $58,800-$59,900. Current holdings include a 5x HYPE long worth about $50 million at an average $24.37 with unrealized gains of roughly $13.9 million, a 20x ETH short of about $8.1 million at roughly $1,920 with unrealized gains of about $510,000, and a 20x BTC short of about $35.7 million at roughly $63,232 showing around $100,000 in unrealized loss, with total positions of $103 million and about $3.2 million profit over the past 24 hours, the data show.

Ethereum climbed back above $1,900 on Feb. 6, with its 24-hour decline narrowing to 11.62%, HTX data show. The move reflected a partial recovery in ETH's price during the period.

On Feb. 6, USDT's over-the-counter price on Binance briefly climbed to 7.4 yuan before retreating to around 7.28 yuan, platform data show. With the USD/CNY exchange rate at 6.94 at the same time, the quoted USDT premium rate stood at 4.89%.

Strategy Inc. reported a Q4 net loss of $12.4 billion and completed full-year fundraising of $25.3 billion, BlockBeats reports on Feb. 5. As of Feb. 1, 2026, the company held 713,502 bitcoin at a total cost of $54.26 billion with an average price of $76,052 per coin, posted a BTC Yield of 22.8% for fiscal 2025, and recorded bitcoin holdings valued at approximately $59.75 billion as of Jan. 30. The company raised $25.3 billion in 2025, accounting for roughly 8% of total U.S. equity issuance, executed five preferred stock IPOs raising $5.5 billion, expanded its STRC digital credit products to $3.4 billion with a current dividend yield of 11.25%, and established a $2.25 billion reserve to cover approximately 2.5 years of dividends and interest. The Q4 operating loss of $17.4 billion primarily reflected unrealized fair value losses on bitcoin, translating to a diluted loss of $42.93 per share, while year-end cash and cash equivalents stood at $2.3 billion.