# Binance Liquidates $6.54 Million Bitcoin Long Position

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/24742
Published: 2026-09-28T05:30:10.000Z
Updated: 2026-09-28T05:30:10.000Z
Section: Investing

> The liquidation occurred at $83,095 at 1:23 a.m. ET (05:23 UTC) on Sept. 28.

Binance liquidated a single $6.54 million long position in Bitcoin (BTC) perpetual futures at $83,095 at 1:23 a.m. ET (05:23 UTC) on Sept. 28, marking a large forced exit from the market.

The position was betting on a rise in BTC before it was closed automatically.

The event involved one position and does not by itself establish a broader market trend. No confirmed cause was available.