Binance Records $9.06 Million Ether Long Liquidation at $2,085

Binance recorded a single $9.06 million liquidation of an Ether (ETH) long position in its perpetual futures market at 4:13 p.m. ET on Nov. 9. The reported liquidation price was $2,085. The event involved one long position on Binance, rather than a combined figure for several positions. The $9.06 million amount, $2,085 price and timestamp all refer to the same event in the ETH perpetual futures market. A long position is exposed to gains when Ether's price rises; this liquidation closed that position. The liquidation involved a long position in Binance ETH perpetual futures.