Record day #22
The Feb 6, 2026 deleveraging day
Record day #22 of 2,244 - open interest removed at prior-day prices - data to 2026-02-06
On Feb 6, 2026, $555M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #22 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 466 covered markets the total was $1.03B, and 13.7% of them shrank by more than 10% while BTC moved +12.21% on the day.
Markets hit hardest
Open interest removed on the day, valued at the previous close; links go to each market's deleveraging history.
| Market | OI removed | Positions change | Price move |
|---|---|---|---|
| Bitcoin | $555M | -9.41% | +12.21% |
| XRP | $75M | -18.50% | +21.00% |
| XAG | $74M | -32.81% | +15.68% |
| Solana | $45M | -5.47% | +11.66% |
| BNB | $42M | -12.78% | +7.96% |
| Dogecoin | $15M | -9.64% | +11.32% |
| XAU | $13M | -11.62% | +5.46% |
| Zcash | $13M | -12.70% | +17.30% |
| Sui | $13M | -13.08% | +14.99% |
| Cardano | $13M | -17.66% | +12.57% |
| Litecoin | $12M | -15.93% | +8.38% |
| Chainlink | $10M | -12.83% | +12.29% |
| Pepe | $9M | -12.82% | +14.12% |
| NEAR Protocol | $9M | -19.12% | +11.37% |
| BTC_260327 | $8M | -14.64% | +12.05% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 20 | 2026-03-05 | $570M |
| 21 | 2026-05-06 | $555M |
| 23 | 2026-03-18 | $536M |
| 24 | 2022-09-13 | $520M |
Questions this record answers
How much open interest was wiped out on Feb 6, 2026?
$555M on the Bitcoin contract and $1.03B across all 466 covered Binance perpetual markets, valued at the previous day's close.
Where does Feb 6, 2026 rank among crypto liquidation days?
#22 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
13.7% of the 466 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -9.40% and its price +12.21%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.