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Binance Liquidates $2.68 Million Ether Long in Single Event
The liquidation occurred at $2,683 on Binance’s ETH perpetual futures market at 3:10 p.m. ET Sept. 28 (19:10 UTC).
Mentioned assets
A single $2.68 million Ether (ETH) long position was liquidated on Binance at 3:10 p.m. ET Sept. 28 (19:10 UTC), marking a large forced close in the exchange’s perpetual futures market.
The position was liquidated at $2,683. The $2.68 million figure represents one liquidation event, rather than an aggregated total across multiple positions.
The event was recorded in Binance’s public liquidation data for its ETH perpetual futures market. A long position is a trade that benefits when an asset’s price rises; exchanges can forcibly close it when losses exhaust the trader’s available margin.
