Binance Records Single $2,890,000 Bitcoin Short Liquidation at $74,704

A single $2,890,000 Bitcoin (BTC) short position on Binance perpetual futures was liquidated at $74,704 at 9:19 p.m. ET Nov. 11 (02:19 UTC Nov. 12).

The record identifies the contract as a BTC perpetual futures contract and the position as a short. The $2,890,000 figure is the value of that single liquidation, while $74,704 is its liquidation price.

The observation covers one event, not an aggregate of other BTC liquidations.

The recorded event identifies the contract type, the short side, the dollar value and the liquidation price.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].