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$4.51M Zcash long position liquidated on Binance at $1,288 price

Market News
02 Oct 2026
Tokenpost
View Source
Bearish
$4.51M Zcash long position liquidated on Binance at $1,288 price

A $4.51 million long position in Zcash (ZEC) was liquidated on Binance perpetual futures at 3:39 a.m. ET on October 3, with the liquidation price set at $1,288. A long position profits when the asset price rises, but liquidation occurs when margin requirements are not met, forcing the position to close. The exact cause of this liquidation is not confirmed from the available data. This event highlights the risks of leveraged trading in volatile digital assets like Zcash.

Zcash (ZEC) is currently trading at Rp23,188,483 on Pluang, showing a 4.23% decline over the past day. The market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million. These figures are as of October 3, 2026, 01:52 WIB.

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