Within a single hour, the market cap rocketed from $6.3 billion to $6.7 billion—a $400 million surge that caught shorts completely off guard. The damage? A staggering $710 million in liquidations.
Short positions got absolutely wrecked as ZEC bulls flipped the script. This kind of rapid price action doesn't happen in a vacuum. When shorts pile up expecting downside and the market moves the opposite direction, forced liquidations create a cascade effect that amplifies the move.
Anyone who thought ZEC was heading lower just learned an expensive lesson about leverage in volatile markets.
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MEVictim
· 21h ago
$7.1 million liquidation—this is what you call playing with fire and getting burned, haha.
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MemeCurator
· 21h ago
Damn, 700 million thrown in and this is it? The bears are going to lose everything.
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PumpDetector
· 21h ago
lol $710m in liquidations... that's the whale accumulation phase playing out in real time. anyone who didn't see the technical divergence forming on the 4h was probably already rekt tbh
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UncleWhale
· 21h ago
Liquidated again. The bears really got wrecked this time, haha.
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not_your_keys
· 21h ago
$710 million in liquidations—this is the price of playing with leverage.
ZEC just triggered a brutal short squeeze.
Within a single hour, the market cap rocketed from $6.3 billion to $6.7 billion—a $400 million surge that caught shorts completely off guard. The damage? A staggering $710 million in liquidations.
Short positions got absolutely wrecked as ZEC bulls flipped the script. This kind of rapid price action doesn't happen in a vacuum. When shorts pile up expecting downside and the market moves the opposite direction, forced liquidations create a cascade effect that amplifies the move.
Anyone who thought ZEC was heading lower just learned an expensive lesson about leverage in volatile markets.