On October 16, Binance's Ether (ETH) perpetual futures market saw a significant short liquidation worth $7.43 million at a price of $2,492. This event involved the forced closure of a single short position, highlighting volatility and risk in the crypto futures market. The liquidation reflects the challenges traders face when betting against Ether's price movements. This specific event was recorded on Binance and does not represent total market liquidations.
Regarding Binance's $7.43 million Ether short liquidation at $2,492, here is Pluang's market snapshot as of Oct 17, 2026 02:41 WIB: Out of 50 major cryptocurrencies priced on Pluang, 10 rose and 39 fell. Notable movers include FIL (Filecoin) at Rp20.415 with a 1-day change of +3.06%, XLM (Stellar) at Rp3.221 down 2.78%, and SOL (Solana) at Rp1.846.722 down 2.77%.
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