Binance Records $2.97 Million Ether Long Liquidation at $2,394

A $2.97 million long position in Ether (ETH) was liquidated on Binance's perpetual futures market at $2,394 at 5:29 p.m. ET (21:29 UTC) Saturday, Oct. 17. The liquidation involved one long position. Those figures describe separate details of the same event: the amount of the long position and the price at which it was liquidated. The contract was an ETH perpetual futures product on Binance. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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