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Binance Sees $7.21 Million Ether Long Liquidated in a Single Event

The liquidation occurred at $2,496 at 12:18 a.m. Korea Standard Time on Oct. 9, or 11:18 a.m. ET on Oct. 8.

Mentioned assets
Faceted silver coin beside a toppled metal marker / TokenPost.ai
Faceted silver coin beside a toppled metal marker / TokenPost.ai

A $7.21 million long position in Ether (ETH) was liquidated on Binance’s perpetual-futures market at $2,496.

The liquidation occurred at 12:18 a.m. Korea Standard Time on Oct. 9, equivalent to 11:18 a.m. ET (15:18 UTC) on Oct. 8. The amount was recorded without rounding.

The liquidation was recorded in Binance’s publicly available liquidation data.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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