# Binance Records $2.58 Million Ether Long Liquidation at $2,540

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27569
Published: 2026-10-07T17:43:01.000Z
Updated: 2026-10-07T17:43:01.000Z
Section: Investing

> The single Ether perpetual-futures position was liquidated at 2:41 a.m. ET on Oct. 8.

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.