ChainCatcher report, according to Coinglass data, ZEC futures contracts experienced $107 million in liquidations over the past 24 hours, with long positions accounting for $765.9 million and short positions for $299.8 million—liquidation amounts ranking just below BTC and ETH. Over the same period, total ZEC futures trading volume surged 89.28% to $11.555 billion, while open interest decreased 38.56% to $836 million.
ZEC futures trading sees $107M in liquidations, open positions drop 38.56%
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Summary
ZEC futures trading activity surged as $107 million in positions were liquidated within 24 hours, with longs totaling $76.59 million and shorts at $29.98 million. Trading volume rose 89.28% to $115.55 billion, while open interest declined 38.56% to $83.6 million.
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