10x ZEC Long Loses Over $2.8M as ZEC Falls Below $1,000

The size of this single liquidation matters less than what it reveals about positioning around ZEC at these levels: an 18,000-token long at 10x leverage implies conviction that the move below $1,000 was not the base case, and the liquidation price near $895 now sits as a visible line in the sand. Whether other similarly leveraged longs cluster around that threshold is the open question, since a cascade there would say more about market structure than this one trader's loss. For now, it is a reminder that ZEC's volatility cuts both ways at high leverage.