1. $ZEC Liquidated Long:
This means a long position in $ZEC was closed, and the trader was forced to sell the ZEC due to the price moving against their position.
2. $68.8K: The trader lost $68.8K due to the liquidation.
3. at $68: The liquidation price was $68, meaning the trader was long on $ZEC , but the price fell to $68, triggering the liquidation of the position.
Liquidations occur when the value of an asset in a leveraged position falls to a certain threshold, typically close to the liquidation price, causing the platform to close the position automatically to prevent further losses.
In this case, it appears that the trader was holding a leveraged position and, when ZEC reached $68, their position was liquidated, resulting in a significant loss.