Binance Liquidates $3.12 Million Bitcoin Long in Single Futures Event

Bitcoin (BTC) had a single $3.12 million long position liquidated on Binance’s perpetual futures market at 10:15 a.m. ET (14:15 UTC) Oct. 24, with $80,419 listed as the liquidation price. The event was a single liquidation on Binance’s perpetual futures market. The entry describes one liquidation rather than a combined figure for multiple positions. The $3.12 million amount is the value attached to the liquidated long; $80,419 is the price recorded for that event. The contract was a BTC perpetual future, and the position was long.