Binance Ether Short Worth $4.27 Million Is Liquidated at $2,357

A $4.27 million short position in Binance’s Ether (ETH) perpetual futures was liquidated at $2,357 on Nov. 4 at 6:44 p.m. ET (23:44 UTC).

The $4.27 million figure identifies the value of the short position that was closed. The $2,357 figure marks the price at which Binance closed the position.

The $4.27 million amount applies to one short position, rather than an aggregate across multiple positions. Here, the figures describe a single Binance liquidation: a $4.27 million short closed at $2,357.