# Binance Records $2.97 Million Ether Long Liquidation at $2,394

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/34184
Published: 2026-10-17T21:32:24.000Z
Updated: 2026-10-17T21:32:24.000Z
Section: Investing

> The single liquidation occurred at 5:29 p.m. ET (21:29 UTC) Saturday, Oct. 17, in Binance perpetual futures.

A $2.97 million long position in Ether (ETH) was liquidated on Binance's perpetual futures market at $2,394 at 5:29 p.m. ET (21:29 UTC) Saturday, Oct. 17.

The liquidation involved one long position. Those figures describe separate details of the same event: the amount of the long position and the price at which it was liquidated. The contract was an ETH perpetual futures product on Binance.