Conclusion first: over this day, ZEC rose 7.6%. Shorts couldn’t hold them off. In the past 24 hours, $24.67 million was liquidated—about 90% of it were short positions.

The current price is around 1624. Over the past 24 hours, the high was 1653 and the low was 1490. The four exchanges—Binance, OKX, Bybit, and Gate—had gains all capped tightly between 7.4% and 7.7%, moving in the same direction.

The closer you get, the more extreme it becomes: in the past 24 hours, shorts accounted for 90%, rising to 93% in the last 4 hours, and still 88% in the last hour. Chasing this dump—this batch was really buried. Binance alone took 68% of the 4-hour liquidations.

What’s even more striking is the positioning. Contract open interest rose nearly 10% in a day to reach $3.08 billion. Binance accounted for 27%, ranking first, but Hyperliquid has already chased up to 28% and overtaken it. On-chain copy-trading speed isn’t slower than centralized exchanges.

$ZEC $BTC

#爆仓数据 #futures market

Was this wave of bears buried by a rebound, or is it just starting to hold up?

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