A staggering $58.6K long position on $ZIL was liquidated at $0.0226, sending shockwaves through the market.
The sudden drop caught traders off guard, triggering a cascade of liquidations as $ZIL plunged.
With volatility at a high, all eyes are on $ZIL—will it find support or continue its downward slide?
The next move in $ZIL could determine the market's direction in the coming hours.