Data: Over 17.5 million USD in ZEC liquidations in the past 24 hours, mainly from short positions

According to Coinglass data, as ZEC briefly rebounded above $435, the total liquidation amount across the network reached $17.53 million in the past 24 hours, with $13.85 million in short liquidations and $3.68 million in long liquidations, and the largest single liquidation exceeding $835,000.

Today's Zcash (ZEC) liquidations were mainly concentrated on Binance (52.24%), Hyperliquid (22.61%), and OKX (11.71%), indicating that these exchanges have gathered a large amount of active leveraged trading.