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Add as a preferred source on GoogleBinance Records $3.58 Million Single Short Liquidation in Ether
The liquidation occurred at $2,738 at 7:50 a.m. ET on Sept. 29.
Mentioned assets
A $3.58 million short position in Ether (ETH) was liquidated in a single event on Binance at $2,738 at 7:50 a.m. ET (11:50 UTC) on Sept. 29, marking a large forced closure in the crypto derivatives market.
The liquidation involved an ETH perpetual futures position. The position was short, meaning it was positioned for Ether’s price to decline.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.