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Binance Records $2.58 Million Ether Long Liquidation at $2,540
The single Ether perpetual-futures position was liquidated at 2:41 a.m. ET on Oct. 8.
Mentioned assets
A single $2.58 million long position in Ether (ETH) perpetual futures was liquidated on Binance at $2,540 at 2:41 a.m. ET on Oct. 8, marking a large forced closure in the market.
The liquidation involved a bullish position, meaning the trader had been positioned for Ether prices to rise. The position was closed automatically after the market reached the liquidation price.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.