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Binance Ether Short Worth $10.01 Million Liquidated at $2,380

Binance Ether Short Worth $10.01 Million Liquidated at $2,380

Photo: TokenPost

A $10.01 million short position in Ether (ETH) perpetual futures on Binance was liquidated at $2,380 at 6 p.m. ET (22:00 UTC) Oct. 18. A short position is structured to benefit if an asset's price falls. A liquidation closes a position under the exchange's trading rules. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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