# Binance Liquidates $11.73 Million Bitcoin Short Position in One Event

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26288
Published: 2026-10-02T04:22:31.000Z
Updated: 2026-10-02T04:22:31.000Z
Section: Investing

> The liquidation occurred at $86,310 at 1:20 p.m. ET (5:20 p.m. UTC) on Oct. 2, based on the recorded event time in Seoul.

A $11.73 million Bitcoin (BTC) short position was liquidated in a single event on Binance’s perpetual futures market at 1:20 p.m. ET (5:20 p.m. UTC) on Oct. 2, at a price of $86,310.

The figure is based on TokenPost’s collection of Binance’s public liquidation data. The position was a short, a trade that bets on an asset’s price falling.

The reported event was a single liquidation; the supplied data does not establish a cause.