In the past 24 hours, ZEC liquidations exceeded $17.5 million, primarily short positions.
Source:
www.coinglass.com
According to Coinglass data, as ZEC rebounded and briefly broke above $435, the total liquidation amount across all exchanges reached $17.53 million in the past 24 hours—of which $13.85 million were short positions and $3.68 million were long positions—with the largest single liquidation exceeding $835,000. Today’s Zcash (ZEC) liquidations were concentrated primarily on Binance (52.24%), Hyperliquid (22.61%), and OKX (11.71%), indicating these exchanges host a large volume of active leveraged trading.