Binance Records $3.48 Million Ether Long Liquidation at $2,312

Binance recorded a single $3.48 million liquidation of an Ether (ETH) long position in its perpetual futures market at 9:38 p.m. ET on Oct. 25 (01:38 UTC Oct. 26). The liquidation price was $2,312. Binance recorded the liquidation in its ETH perpetual futures market. The record identifies Binance as the venue, Ether as the asset, a long as the position direction and perpetual futures as the contract type. The $3.48 million figure describes one liquidation event. The timestamp was 10:38 a.m. KST on Oct. 26, which converts to 9:38 p.m. ET on Oct. 25 (01:38 UTC Oct. 26).

Source: TokenPost