ZEC long liquidations $12.7 million... shorts $1.5 million
Original headline지캐시(ZEC) 롱 청산 1270만달러…숏은 150만달러
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Zcash (ZEC) futures saw $12.7 million in long liquidations over the 24 hours to 6:18 p.m. on November 3, far exceeding $1.5 million in short liquidations, according to Alpha Finance data aggregated across multiple exchanges. The imbalance indicates leveraged bullish positions were forced out as prices moved against longs, since liquidations occur when margin falls below maintenance requirements and are measured in notional contract value rather than account counts or actual investor losses. The skew matters because forced long closures can generate market sell orders that amplify downward pressure.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Zcash (ZEC), Alpha Finance
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