From TokenPost · · 40s
Binance Ether Short Liquidated
A $10.01 million Ether short position on Binance was liquidated at $2,380.
In brief
A $10.01 million Ether short position on Binance was liquidated at $2,380. Binance liquidated a $10.01 million Ether short position at $2,380. Originally reported by TokenPost.
Quick answers
- What is a Short Position?
- A short position is structured to benefit if an asset's price falls. Liquidation closes a position under exchange trading rules.
- What is the key takeaway from Binance Ether Short Liquidated?
- Binance liquidated a $10.01 million Ether short position at $2,380.
Binance Ether Short Liquidation
A $10.01 million short position in Ether perpetual futures on Binance was liquidated at $2,380 at 6 p.m. ET (22:00 UTC) Oct. 18.
What is a Short Position?
A short position is structured to benefit if an asset's price falls. Liquidation closes a position under exchange trading rules.
Reporter Details
Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
The headline
Binance liquidated a $10.01 million Ether short position at $2,380.
