$2.4 Million Lost: Bitcoin Long Position Liquidated on Binance
A significant event occurred on Binance's perpetual-futures market on September 28 at 11:53 p.m. ET (03:53 UTC). A single Bitcoin long position was liquidated, resulting in a loss of $2.42 million.
The price at which the position was liquidated was $82,653 per BTC. This event highlights the volatility and risk involved in trading cryptocurrency futures contracts.