Bottom line: ZRO is down 2.4%, and shorts accounted for 96% of liquidations in the past hour. Those chasing the drop were the first to get caught on the wrong side.
ZRO is trading at around $1.957 on both Binance and OKX, with a 24-hour high of $2.036 and a low of $1.894. Market-wide open interest stands at $245 million, down 6% in a day.
$197 million in liquidations across the market over the past 24 hours, with shorts accounting for $142 million, or 72%. Liquidations in the past hour totaled $2.05 million; ZRO liquidations came to $31,000, of which $30,000 were shorts.
ZRO liquidations totaled $38,000 over the past four hours, with shorts accounting for 90%. Hyperliquid positions make up 40% of the market total, and its open interest actually increased by 2.2% over the past four hours. Prices are falling, but some positions are still adding exposure.
Would you go long on the bounce, or wait for shorts to get liquidated one more time?
View in real time: https://www.coinboss.com/currencies/ZRO