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A $3.25 Million Zcash Short Position Is Liquidated on Binance at $1,313

The single liquidation occurred in Binance’s ZEC perpetual futures market at 12:36 a.m. ET (04:36 UTC) on Oct. 12.

Metallic coin resting on a steel exchange terminal tray / TokenPost.ai
Metallic coin resting on a steel exchange terminal tray / TokenPost.ai

A $3.25 million short position in Zcash (ZEC) was liquidated on Binance at $1,313 in a single transaction at 12:36 a.m. ET (04:36 UTC) on Oct. 12.

The liquidation occurred in Binance’s ZEC perpetual futures market.

The figure is based on Binance public liquidation data collected directly at the time. No cause for the liquidation was provided.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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