Zcash Surges 20%, Briefly Tops $1,023; Market Cap Climbs Into Crypto Top 10
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Zcash (ZEC) surged ~20% in 24 hours, briefly topping $1,023 and reaching the crypto top 10 by market cap (~$16.96B). Elevated derivatives activity is evident with ~2.3M ZEC in futures open interest (~$2.3B). A short squeeze dynamic dominated, as ~$36.6M in leveraged positions were liquidated, including ~$34.5M in shorts, reinforcing strong near-term momentum and volatility.
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ZEC/USDT+15.78%
AI تجزیاتی سمجھ · ZEC/USDTAI تجزیاتی سمجھ
▲ Bullish
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
Binance market data show Zcash (ZEC) rose about 20% in the past 24 hours, briefly trading near $1,023. The token's market capitalization is now roughly $16.96 billion, making it the 10th-largest cryptocurrency by market value.
ZEC has gained about 94% over the past 30 days and more than 2,300% over the past year. Futures open interest stands at around 2.3 million ZEC, valued at approximately $2.3 billion.
In the last 24 hours, about $36.6 million in leveraged ZEC positions were liquidated, including roughly $34.5 million in short liquidations.