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The post Binance Sees Largest Liquidation Order Amidst Market Drop! appeared first on Coinpedia Fintech News
Binance, one of the leading cryptocurrency exchanges, saw one of the largest liquidation orders today amidst the sharp drop in the market. An investor in Binance’s ETHBUSD contract was reportedly liquidated at $55.9211 million for $1,434.37- the largest liquidation order of the day. This could be a market maker, who usually hedges on other exchanges. In addition to this, a Binance BTCUSDT agreement with nearly $10 million was also liquidated in the same minute.
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