Conclusion first: ZEC is up more than 10% today, surging to 1244. Liquidation volume has hit the third highest on the entire market. Of what got cleared, 83% was shorts.

Current price is 1244. Both Binance and OKX have gains exceeding 10%, rising intraday from 1114 all the way to 1265.

On the liquidation leaderboard, ZEC ranks third. SOL is pushed behind: in the past 24 hours, $15.42 million were liquidated, 83% of it by shorts. Recently, the pace has been even harsher—among the $5.35 million liquidated in the last hour, 98% were still shorts. The more the price rises, the harder it is to stop those betting on declines.

The largest single short order was on Hyperliquid: 316 coins were swept at 1209, totaling $380,000. Binance then closed another 273 coins, a short position worth $347,000.

Open interest didn’t fall—instead it increased by 12% to $2.55 billion, with Binance alone accounting for 28%. One round of shorts got cleared, and new leverage has already moved in. Neither side seems willing to back off.

$ZEC $BTC

#爆仓数据 # short squeeze market

ZEC surges to 1244—do you chase longs or wait for a pullback?

Check in real time: https://www.coinboss.com/currencies/ZEC