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$2.08M short Ether position liquidated on Binance at $2,704 price

Market News
01 Oct 2026
Tokenpost
View Source
Neutral
$2.08M short Ether position liquidated on Binance at $2,704 price

A short position worth $2.08 million in Ether (ETH) was liquidated on Binance perpetual futures at a price of $2,704 on October 1. This liquidation event was recorded in Binance's public data, but no specific reason was given for the position's closure. Short positions profit when asset prices fall, and perpetual futures are contracts without expiration dates. This event highlights the volatility and risks involved in trading cryptocurrency futures.

The recent $2.08 million single Ether short liquidation on Binance provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 02, 2026 00:23 WIB: out of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include DOT at Rp21.085 with a 1-day change of -6.24% and a typical hold time of 121 days, SUSHI at Rp4.717 down 4.34% with 70% sell order activity, and FIL at Rp18.257 down 4.31% with 100% buy order activity.

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