Binance Liquidates Single $2.68 Million Ether Long at $2,246

A single $2.68 million Ether (ETH) long position was liquidated on Binance’s perpetual futures market at 9:59 p.m. ET Nov. 3 (02:59 UTC Nov. 4), at a price of $2,246.

The exchange timestamp was 11:59 a.m. Nov. 4 in South Korea, equivalent to 9:59 p.m. ET Nov. 3.

Here, $2,246 was the price at which the position closed; $2.68 million was the size of the position. Both figures describe the same event.

The trade was in Binance’s perpetual futures market. The recorded liquidation covers one position on one exchange at one time.