ZEC sees $66.7M in liquidations in 24 hours, volatility at 20.84%
- —24-hour liquidations: $66.74 million, 88% from shorts
- —Shorts: $58.9 million, longs: $7.83 million
- —Largest single liquidation: $6.99 million
- —ZEC daily volatility exceeded 20.84%
Why it matters: Mass short closures amplify ZEC's rally and raise the risk of sharp pullbacks on a reversal.
Source: PANews