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$5.64M Ether long position liquidated on Binance at $2,387 price

Market News
06 Nov 2026, 20:29 WIB
Tokenpost
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Neutral
$5.64M Ether long position liquidated on Binance at $2,387 price

A single $5.64 million long position in Ether (ETH) perpetual futures on Binance was liquidated on November 5 at 7:41 a.m. ET, with a liquidation price of $2,387. This event reflects the risks of leveraged trading in the volatile cryptocurrency market, where significant positions can be forcibly closed if prices move against traders. Such liquidations can impact market sentiment and price dynamics in the short term.

The Binance liquidation of a $5.64 million Ether long position provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 07, 2026 01:32 WIB: Among 50 priced cryptocurrencies, 38 rose and 11 fell. Kusama (KSM) gained 4.89% to Rp61.271 with a typical hold time of 81 days, while Ripple (XRP) dropped 4.58% to Rp21.398 with a 68% buy order activity. Curve DAO Token (CRV) rose 3.93% to Rp4.790, showing a strong 78% buy order activity.

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