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Binance Records $11.49 Million Single Ether Long Liquidation
The position was liquidated at $2,628 on Sept. 24 at 5:35 a.m. ET (09:35 UTC).
Mentioned assets
Binance recorded a single $11.49 million liquidation of an Ether (ETH) long position at $2,628 on Sept. 24 at 5:35 a.m. ET (09:35 UTC), marking a significant forced exit from the exchange's perpetual futures market.
The liquidation involved a long position, meaning a trade positioned for ETH to rise. The $11.49 million position was closed in one event at the recorded price.
