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Add as a preferred source on GoogleBinance Liquidates $11.82 Million Bitcoin Long Position
The position was liquidated at $82,283 on Binance’s BTC perpetual futures market on Oct. 8 at 1:20 p.m. ET.
Mentioned assets
A $11.82 million Bitcoin (BTC) long position was liquidated in a single event on Binance’s perpetual futures market on Oct. 8 at 1:20 p.m. ET.
The position was closed at a liquidation price of $82,283. A long position generally benefits from rising prices, but it can be forcibly closed when losses reach the exchange’s liquidation threshold.
The figure and timing are based on Binance’s public liquidation record. No confirmed cause for the liquidation was provided.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.