# Binance Liquidates a $2.03 Million Ether Short Position in One Trade

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26296
Published: 2026-10-02T04:33:51.000Z
Updated: 2026-10-02T04:33:51.000Z
Section: Investing

> The liquidation occurred at $2,747 on Oct. 2 at 12:30 a.m. ET (04:30 UTC).

A $2.03 million short position in Ether (ETH) perpetual futures was liquidated in a single event on Binance at 12:30 a.m. ET (04:30 UTC) Oct. 2, at a price of $2,747.

A short position generally benefits when an asset’s price falls; a liquidation closes a position when it can no longer meet the exchange’s margin requirements.