$ZEC The information you provided indicates a long liquidation involving the cryptocurrency Zcash (ZEC):

Liquidation Amount: $1.4282K (approximately $1,428.20)

Price at Liquidation: $60.12 per ZEC

In this case, the trader had taken a long position on ZEC, meaning they expected the price to rise. However, the market moved against their position, and the price of ZEC fell to $60.12, triggering a liquidation.

A long liquidation happens when the price of an asset falls, causing the trader to be forced to close their position at a loss to meet margin requirements. The amount of $1,428.20 indicates a substantial position was liquidated due to this price movement.$ZEC

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