An entry for Binance’s Bitcoin (BTC) perpetual futures market assigns a $70,316 liquidation price to a $3.42 million long position, providing a snapshot of one position rather than Binance’s overall liquidation activity.
The entry’s timestamp is 9:33 p.m. ET Nov. 12, corresponding to 02:33 UTC Nov. 13. The $3.42 million amount applies to that position alone; it is not a total for Binance’s liquidations.
At 9:50 p.m. ET Nov. 12 (02:50 UTC Nov. 13), Bitcoin was priced at $70,251, down 4.83% over the previous 24 hours. EconoTimes previously covered a separate Binance Bitcoin long liquidation valued at $3.12 million, with a listed liquidation price of $80,419, on Oct. 24.
