Digital Currency

Add as a preferred source on Google

Record Ties $79,733 Liquidation Price to $2.2M Bitcoin Long in Binance Perpetual Futures

The record places the event at 7:39 a.m. ET Nov. 5 (12:39 UTC) and describes one position, not a marketwide total.

Updated 1 min read
A restrained graphic represents a Bitcoin perpetual futures position and its liquidation level / TokenPost.ai (macro)
A restrained graphic represents a Bitcoin perpetual futures position and its liquidation level / TokenPost.ai (macro)

A liquidation record for Binance’s Bitcoin (BTC) perpetual futures market links a $2.2 million long position to a $79,733 liquidation price at 7:39 a.m. ET Nov. 5 (12:39 UTC).

The record identifies BTC perpetual futures as the contract market and labels the position side long. Its fields give the position a $2.2 million value and record $79,733 as the liquidation price.

The record concerns one position; it provides no aggregate liquidation figure for Binance or the wider market. The listed price belongs to the futures event, rather than a separate spot-market quote.

EconoTimes reported another Binance Bitcoin long liquidation on Oct. 24, with a position value of $3.12 million and a liquidation price of $80,419. The earlier Binance futures liquidation was recorded at 10:15 a.m. ET (14:15 UTC), making it a separate event from the Nov. 5 record.

Related articles

View all