# Binance Zcash Futures Liquidation Reaches $4.51 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26460
Published: 2026-10-02T18:42:49.000Z
Updated: 2026-10-02T18:42:49.000Z
Section: Investing

> The ZEC long position was liquidated at $1,288 at 3:39 a.m. ET (07:39 UTC) on Oct. 3.

A $4.51 million long position in Zcash (ZEC) was liquidated in a single trade on Binance perpetual futures at 3:39 a.m. ET (07:39 UTC) on Oct. 3, with the liquidation price set at $1,288.

The liquidation data was collected directly from Binance’s public feed. A long position generally gains value when an asset’s price rises; liquidation closes a position when it no longer meets the exchange’s margin requirements.

The available data provides no confirmed cause for the liquidation.