ZEC drop triggers full liquidation of two long positions worth $4.33 million
AI Summary
Lookonchain reported the full liquidation of two ZEC long positions.
3,848.5 ZEC, valued at $4.33 million, was involved.
The liquidations occurred as ZEC declined, according to Lookonchain.
Two ZEC long positions were fully liquidated as the token fell, involving 3,848.5 ZEC valued at $4.33 million, Lookonchain said. Liquidation occurs when leveraged positions are forcibly closed after losses reach the required margin threshold.