Conclusion first: in this pullback, the hardest thing to trade isn’t BTC—it’s ZEC.
Over the past 24 hours, ZEC’s high reached 867.5; now it’s 797 (Binance 796.99, OKX 797.55—both exchanges are almost at the same price). The amplitude exceeded 9%. Total global liquidations were $92.9 million, ranking fifth—just behind BTC, ETH, SOL, and XRP, nearly twice DOGE.
More interesting structure: just over ten hours ago, liquidation was only in the million-level while shorts made up nearly 60%; now longs are 5.27 million and shorts are 4.02 million—both sides were swept away together. The 867 chasers didn’t escape, and the shorts opened below 800 were also lifted back up. In 2,354 trades, both longs and shorts were involved.
Volatility is back—old coins are more savage than new ones. In this round of ZEC, did you pick the right side?
Check in real time: https://www.coinboss.com/currencies/zec