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Binance Liquidates $5.64 Million Ether Long Position at $2,387

The single liquidation hit Binance ETH perpetual futures at 7:41 a.m. ET Nov. 5.

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A silver token rests at the edge of a dark ledge / TokenPost.ai
A silver token rests at the edge of a dark ledge / TokenPost.ai

A single $5.64 million long position in Ether (ETH) perpetual futures on Binance was liquidated at 7:41 a.m. ET (12:41 UTC) Nov. 5, with a listed liquidation price of $2,387.

The position was on the long side of Binance’s ETH perpetual futures market.

The record’s timestamp is 9:41 p.m. KST on Nov. 5, corresponding to 7:41 a.m. ET (12:41 UTC) that day. The closed position was a long in Ether perpetual futures.

The timestamp, direction and $2,387 liquidation price refer to the same Binance event.

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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