Zcash records $42 million in liquidations in 12 hours…3rd-largest liquidation size after Bitcoin and Ethereum
Suehyeon Lee
Summary
- Zcash reported position liquidations of more than 42 million dollars in the past 12 hours.
- About 35 million dollars of the total liquidations occurred in short positions.
- Zcash ranked 3rd by liquidation size over 12 hours, behind Bitcoin and Ethereum.
Zcash (ZEC) recorded position liquidations exceeding 40 million dollars over the past 12 hours.
On the 8th (local time), according to CoinGlass data cited by Odaily, Zcash recorded liquidations of more than 42 million dollars across the network in the past 12 hours. Of this, about 35 million dollars occurred in short positions.
As a result, Zcash became the third most liquidated cryptocurrency in the past 12 hours, after Bitcoin (BTC) and Ethereum (ETH).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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