Binance Records $2.53 Million Bitcoin Long Liquidation at $63,189

A single $2.53 million Bitcoin (BTC) long position was liquidated on Binance’s perpetual futures market at $63,189 at 8:02 p.m. ET Nov. 14. The event was logged at 10:02 a.m. KST Nov. 15, corresponding to 01:02 UTC that day.

The contract was BTC perpetual futures, and the position was long. The single-position liquidation amount was $2.53 million at a price of $63,189.

A long position is a trade structured around Bitcoin rising in value; liquidation means the position is closed. This record describes one position rather than a tally of several. The amount, price and timestamp are tied to the same event: $2.53 million, $63,189 and 10:02 a.m. KST Nov. 15. That timestamp also corresponds to 8:02 p.m. ET Nov. 14 and 01:02 UTC Nov. 15. The observation covers Binance’s BTC perpetual futures market.