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Binance Records a Single $11.67 Million Bitcoin Long Liquidation

The liquidation was recorded at $80,642 at 4:16 p.m. ET (20:16 UTC) on Oct. 18.

By Enna Lee
Published
Mentioned assets
A brass coin compressed at the edge of a steel vise / TokenPost.ai
A brass coin compressed at the edge of a steel vise / TokenPost.ai

TokenPost’s direct collection of Binance’s public liquidation data logged a single $11.67 million Bitcoin (BTC) long position liquidation in the exchange’s perpetual futures market at 4:16 p.m. ET (20:16 UTC) on Oct. 18.

The recorded liquidation price was $80,642. Here, the $11.67 million figure applies to one position closed in a single event.

The position was a BTC long. The record ties the $80,642 price, $11.67 million size and timestamp to the same liquidation. It captures a single position-level close in Binance’s Bitcoin derivatives market.

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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