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Bearish zcash (ZEC) bets hit record highs as price crashes
Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.
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theblock.co
Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million
ZEC crashed over 50% to around $310 amid Zcash's Orchard bug disclosure and more than $116 million in 24-hour liquidations.
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coindesk.com
Bearish zcash (ZEC) bets hit record highs as price crashes
Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high…