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Binance Records $9.39 Million Ether Short Liquidation at $2,348

The single liquidation occurred in Binance’s ETH perpetual futures market at 11:21 a.m. ET on Oct. 27.

Mentioned assets
A metal token held fast in a steel vise / TokenPost.ai
A metal token held fast in a steel vise / TokenPost.ai

A single $9.39 million short position in Ether (ETH) perpetual futures on Binance was liquidated at $2,348 at 11:21 a.m. ET (15:21 UTC) Oct. 27. The record identifies one liquidation event and lists the position amount separately from the liquidation price.

The event involved the short side of Binance’s ETH perpetual futures market. Its stated position size was $9.39 million, while $2,348 was the price recorded at liquidation. The figure describes one position in one event, not a combined tally of several liquidations. This separates the reported dollar size of the position from the price at which it was liquidated.

The event is dated Oct. 27 in Eastern Time.

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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