On Nov. 10, OKX’s perpetual-futures market recorded the liquidation of one Ether (ETH) long worth $5.04 million at $2,016; it occurred at 10:41 a.m. ET (15:41 UTC).
The amount describes this position alone. It is not a tally of liquidations across OKX. The event involved futures exposure rather than a spot Ether trade: a long position tracks the asset's price direction, and forced liquidation closes the contract.
A separate OKX Ether short liquidation was valued at $4.82 million, with a listed price of $2,412, on Oct. 20. EconoTimes covered that earlier OKX position; the two records concern distinct positions.
