Binance Records $6.53 Million Ether (ETH) Short Liquidation in One Trade

Binance’s Ether (ETH) perpetual futures market saw a single $6.53 million short liquidation at 1:14 a.m. ET (05:14 UTC) Oct. 29, at a liquidation price of $2,334.

Binance’s ETH perpetual futures market saw one short liquidation valued at $6.53 million.

The liquidation price recorded for the position was $2,334. The timestamp was Oct. 29 at 2:14 p.m. Korea time, corresponding to 1:14 a.m. ET (05:14 UTC). These times refer to the same observation, converted for U.S. readers.

The data point covers one short position and one liquidation event on Binance. It records the position value, liquidation price and time for the exchange’s ETH perpetual futures market. The $6.53 million figure is the value attached to that single event, not a total across separate liquidations.