# Binance Records $3.58 Million Single Short Liquidation in Ether

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25310
Published: 2026-09-29T12:13:36.000Z
Updated: 2026-09-29T12:13:36.000Z
Section: Investing

> The liquidation occurred at $2,738 at 7:50 a.m. ET on Sept. 29.

A $3.58 million short position in Ether (ETH) was liquidated in a single event on Binance at $2,738 at 7:50 a.m. ET (11:50 UTC) on Sept. 29, marking a large forced closure in the crypto derivatives market.

The liquidation involved an ETH perpetual futures position. The position was short, meaning it was positioned for Ether’s price to decline.