1 min read
Add as a preferred source on GoogleBinance Liquidates $5.95 Million Ether Long Position
The liquidation occurred at $2,471 at 6:59 p.m. ET on Oct. 12 (22:59 UTC).
Mentioned assets
A $5.95 million Ether (ETH) long position was liquidated in a single event on Binance at $2,471 at 6:59 p.m. ET on Oct. 12 (22:59 UTC).
The liquidation was recorded at 7:59 a.m. KST on Oct. 13. The figure is based on Binance’s public liquidation data collected by TokenPost, using the exchange, liquidation price and recorded time.
A long position is a bet that an asset’s price will rise. Liquidation forcibly closes the position when its margin no longer supports the trade.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.