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.
For the first time since December 2024, the total open interest in altcoin perpetual futures has exceeded that of Bitcoin, indicating a shift in trader positioning. This crossover often precedes increased market volatility and liquidation events, as ...
Open interest in altcoin futures for ZEC, BNB, ARB, XRP, and SOL has surged, with ZEC reaching a record $2.4 billion amid a price rally past $1,000 that liquidated $34 million in shorts. This rise reflects aggressive speculative leverage rather than ...
Arbitrum's token ARB surged 51.6% in the last 24 hours and 123.8% over the past week, standing out as the top performer in a mostly steady crypto market where Bitcoin and Ethereum posted modest gains. This sharp rise is linked to renewed community en...
Bitwise CIO Matt Hougan highlights three main crypto investment themes: Bitcoin as a hedge against currency debasement, Zcash for privacy, and a decade-long tokenization trend involving assets like ETH, SOL, and UNI. He predicts Bitcoin will break it...
Zcash's price jumped from $805 to over $1,000, reaching $1,051 on September 4, 2026, driven by a strong rally that forced short sellers out of leveraged positions. This caused a 562% liquidation imbalance with $13.24 million liquidated, mostly from s...
