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$3.25M Zcash short position liquidated on Binance at $1,313 in one trade

Market News
12 Oct 2026, 07:40 WIB
Tokenpost
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$3.25M Zcash short position liquidated on Binance at $1,313 in one trade

A $3.25 million short position in Zcash (ZEC) was liquidated in a single transaction on Binance's ZEC perpetual futures market at a price of $1,313 on October 12. The liquidation took place at 12:36 a.m. ET (04:36 UTC) and was recorded based on Binance's public liquidation data. No specific reason for the liquidation was disclosed. This event highlights the volatility and risk in cryptocurrency futures trading.

As of Oct 12, 2026 11:51 WIB, Zcash (ZEC) is trading at Rp23,870,809 on Pluang, showing a strong 1-day gain of 8.70%. The market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million. This notable price increase contrasts with the recent $3.25 million short liquidation event on Binance, highlighting ongoing volatility in ZEC trading.

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