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Binance Entry Lists $5.64 Million Ether Long With $2,387 Liquidation Price

The record places the forced close at 7:41 a.m. ET (12:41 UTC) on Nov. 5 in Binance’s ETH perpetual-futures market.

Updated 1 min read
A textless market graphic shows an Ether contract at its liquidation threshold against a pale background. / TokenPost.ai (macro)
A textless market graphic shows an Ether contract at its liquidation threshold against a pale background. / TokenPost.ai (macro)

The Nov. 5 record concerns one Binance perpetual-futures long in Ether (ETH); it lists a $2,387 liquidation price and values the position at $5.64 million.

The entry places the close at 7:41 a.m. ET (12:41 UTC) on Nov. 5. A long futures position moves in the same direction as Ether’s price, so the event concerns derivatives exposure rather than a spot-market sale.

EconoTimes reported a separate Binance Ether long liquidation on Nov. 3, with a $2.68 million position value and a listed price of $2,246. The earlier Binance Ether long close involved a separate position.

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