Binance Records $9.39 Million Ether Short Liquidation at $2,348
Photo: TokenPost
A single $9.39 million short position in Ether (ETH) perpetual futures on Binance was liquidated at $2,348 at 11:21 a.m. ET (15:21 UTC) Oct. 27. The record identifies one liquidation event and lists the position amount separately from the liquidation price. The event involved the short side of Binance’s ETH perpetual futures market. Its stated position size was $9.39 million, while $2,348 was the price recorded at liquidation. The figure describes one position in one event, not a combined tally of several liquidations. This separates the reported dollar size of the position from the price at which it was liquidated.
Source: TokenPost
