Binance Liquidates Single $10.33 Million Bitcoin Long Position
Photo: TokenPost
A single $10.33 million Bitcoin (BTC) long position was liquidated on Binance's perpetual futures market at 9:14 p.m. ET on Oct. 19 (01:14 UTC on Oct. 20). The recorded liquidation price was $81,165. The $10.33 million amount describes one position, rather than a total for BTC futures liquidations on the exchange. The record gives the size, price and time of this single forced closure. It does not establish the value of other liquidations or the cause of any broader price move. The event is a snapshot of one position in Binance's BTC perpetual futures market.
Source: TokenPost
