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Binance liquidates $11.47M Ether long position at $2,048 on Nov 10

Market News
11 Nov 2026, 15:29 WIB
Tokenpost
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Neutral
Binance liquidates $11.47M Ether long position at $2,048 on Nov 10

On November 10, Binance executed a forced liquidation of a single long position worth $11.47 million in Ether (ETH) perpetual futures. The position was closed at a liquidation price of $2,048, indicating the price at which the forced sale occurred. This event highlights the risks involved in leveraged trading on crypto futures, where positions can be automatically closed if prices move unfavorably. Such liquidations can impact market sentiment and price volatility in the short term.

While Binance recently liquidated a large $11.47 million Ether long position at $2,048, BNB on Pluang trades at Rp12.299.892 as of Nov 11, 2026 20:42 WIB, down 0.98% for the day. BNB's market cap stands at Rp1.627,5 trillion with a 24-hour volume of Rp23,3 trillion, showing active trading despite the recent Ether liquidation event. The typical hold time for BNB investors on Pluang is 91 days, with a slight majority of 57% buying versus 43% selling.

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