Binance Records $2.2 Million Bitcoin Long Liquidation at $79,733

Bitcoin (BTC) had a single $2.2 million long position liquidated on Binance’s perpetual futures market at 7:39 a.m. ET on Nov. 5 (12:39 UTC), at a recorded liquidation price of $79,733. The event was recorded as a single liquidation in Binance’s BTC perpetual futures market. The record identifies the contract market as BTC perpetual futures and the position side as long. It ties the $2.2 million amount, the $79,733 liquidation price and the 7:39 a.m. ET timestamp to the same liquidation. The values refer to one recorded event, rather than to separate price and volume observations. That scope matters when reading the figures: $2.2 million describes the single liquidation in the record, while $79,733 is its associated liquidation price. The observation is limited to Binance’s BTC perpetual futures market.

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