Binance ETH Perpetuals Record a Single $8.74 Million Short Liquidation

A single $8.74 million short position in Binance's Ether (ETH) perpetual futures was liquidated at $2,497 at 9:06 a.m. ET (13:06 UTC) Oct. 21. The position was a short valued at $8.74 million. The liquidation price was $2,497 in Binance ETH perpetual futures. The amount and price belong to the same one-time liquidation, rather than multiple positions combined. The timestamp places the event at 9:06 a.m. ET on Oct. 21, equivalent to 13:06 UTC. The figure applies to this one reported position. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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