Add as a preferred source on GoogleBinance Liquidates Single $10.33 Million Bitcoin Long Position
The BTC perpetual futures position was liquidated at $81,165 at 9:14 p.m. ET on Oct. 19 (01:14 UTC on Oct. 20).
A single $10.33 million Bitcoin (BTC) long position was liquidated on Binance's perpetual futures market at 9:14 p.m. ET on Oct. 19 (01:14 UTC on Oct. 20).
The recorded liquidation price was $81,165. The $10.33 million amount describes one position, rather than a total for BTC futures liquidations on the exchange.
The record gives the size, price and time of this single forced closure. It does not establish the value of other liquidations or the cause of any broader price move.
The event is a snapshot of one position in Binance's BTC perpetual futures market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.