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Binance Liquidates $11.81 Million Ether Short at $2,423

Binance Liquidates $11.81 Million Ether Short at $2,423

Photo: TokenPost

A single $11.81 million short position in Ether (ETH) perpetual futures was liquidated on Binance at $2,423 at 9:21 p.m. ET (01:21 UTC) on Oct. 18. The $11.81 million liquidation involved one short position, at a liquidation price of $2,423. The $11.81 million figure covers this single liquidation, not a broader liquidation total. The data point concerns Binance’s ETH perpetual market, rather than a spot-trading transaction. Those details distinguish this entry from a market-wide liquidation total. 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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