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ZEC leads $212M crypto liquidations with $45.32M wiped out amid 15% price surge to $1,170

Market News
06 Sep 2026, 19:30 WIB
Blockonomi
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Bullish
ZEC leads $212M crypto liquidations with $45.32M wiped out amid 15% price surge to $1,170

Zcash (ZEC) triggered $212 million in crypto liquidations on September 6, with $45.32 million in ZEC liquidations alone as its price jumped 15% to about $1,170. Most losses came from short positions, which accounted for $156 million of the total, indicating a strong short squeeze. Open interest in ZEC futures hit a record $2.4 billion, reflecting increased leverage and institutional interest, including $34.4 million inflows into Grayscale’s Zcash ETF. This surge highlights how leveraged trading and ETF demand are driving ZEC's price action, though it remains below its all-time high of $3,191.93.

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