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$9.39M short Ether futures position liquidated at $2,348 on Binance

Market News
28 Oct 2026, 04:36 WIB
Tokenpost
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Neutral
$9.39M short Ether futures position liquidated at $2,348 on Binance

A single short position worth $9.39 million in Ether (ETH) perpetual futures on Binance was liquidated at a price of $2,348 on October 27. This liquidation represents one distinct event involving the short side of Binance's ETH futures market, not a combined total of multiple liquidations. The event highlights significant volatility and risk in the crypto futures market, especially for large positions. Such liquidations can impact market sentiment and price movements in the short term.

Ethereum (ETH) trades at Rp42.780.050 on Pluang as of Oct 28, 2026 09:02 WIB, showing a positive 1.73% change over the past day. The platform sees a strong buy interest with 62% of orders favoring purchases. Typical holding time for ETH on Pluang is 108 days, indicating a relatively patient investor base despite recent market volatility.

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