Crypto traders just took another major hit, with roughly $246.8M in long positions liquidated over the past 24 hours. The largest single liquidation came from ZEC, as the recent weakness triggered forced closures across leveraged positions. Current liquidation trackers also show ZEC among the assets seeing significant long liquidations. This is what happens when traders are heavily positioned for upside and the market suddenly moves against them. Forced selling can then add even more pressure to the decline. #BTC Price Analysis# #Altcoin Season# $ZEC $BTC