Binance Liquidates $16.17 Million Ether Long Position at $1,793

An Ether (ETH) long position worth $16.17 million was liquidated in one event on Binance’s perpetual futures market at $1,793 at 3:54 p.m. ET (20:54 UTC) Saturday, Nov. 14. The $16.17 million figure describes the position’s size; $1,793 is its price at liquidation. The amount and price are distinct measurements of the same trade, which was recorded as one liquidation rather than a sum of multiple events. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.