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). The amount, contract type and direction refer to the same event in Binance’s ETH perpetual futures market. The collected data describes one ETH long and gives its size and liquidation price.

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