ZEC Surpasses $1,000, Highest Liquidation on Global Exchanges

iconKuCoinFlash
Share
AI summary iconSummary
On September 4, the ZEC price surged above $1,000, reaching a new all-time high. According to Coinglass, on-chain trading signals revealed $13.06 million in liquidations within one hour, with $12.7 million stemming from short positions. Value investing in crypto remains a key strategy as ZEC leads global liquidation volumes.

BlockBeats news, on September 4, according to Coinglass data, ZEC surged past $1,000, setting a new all-time high, with liquidations totaling $13.06 million in the past hour—the highest globally—of which $12.7 million were short positions liquidated.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.