$ZIL /USDT indicates that a long liquidation of $1,341.6K occurred at a price of $0.02207
This means leveraged long positions were liquidated as the price fell to this level likely due to insufficient margin to maintain these positions
Such liquidations typically reflect bearish pressure and heightened market volatility for ZIL
If you're trading ZIL it might be worth closely monitoring price action and market conditions for further signs of support or continued selling pressure