Ethereum Sees Sharp Volatility: "Long/Short Squeeze" Triggers Liquidity Washout, ETH Briefly Touches 2,125 USDT
Rapid Market Recap
According to Binance Futures market data, around 16:10 UTC on February 7, 2026, the ETH/USDT perpetual contract suddenly broke out of its consolidation range near 2,050 USDT.