November 14, 20261 min read0 views

Binance Records $7.05 Million Ether Long Liquidation at $1,876

Binance recorded a $7.05 million liquidation of a long Ether (ETH) position in its perpetual futures market at $1,876 at 9:29 p.m. ET Friday, Nov. 13 (02:29 UTC Nov. 14). The forced close involved one position.

TokenPost's own collection of Binance's public liquidation data captured the event at that timestamp. The $7.05 million figure applies to that single…

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TokenPost's own collection of Binance's public liquidation data captured the event at that timestamp. The $7.05 million figure applies to that single liquidation, and $1,876 is the recorded liquidation price. The measurement covers the Binance contract at that moment, rather than an aggregate across all ETH futures markets.

In this case, the liquidation data identifies the exchange, contract type, direction, amount, price and timestamp for one event.