Binance Records $6.53 Million Ether (ETH) Short Liquidation in One Trade

Binance’s Ether (ETH) perpetual futures market saw a single $6.53 million short liquidation at 1:14 a.m. ET (05:14 UTC) Oct. 29, at a liquidation price of $2,334. Binance’s ETH perpetual futures market saw one short liquidation valued at $6.53 million. The liquidation price recorded for the position was $2,334. The timestamp was Oct. 29 at 2:14 p.m. Korea time, corresponding to 1:14 a.m. ET (05:14 UTC). These times refer to the same observation, converted for U.S. readers. The data point covers one short position and one liquidation event on Binance.