ZEC futures hit $107M in liquidations; open interest plunges 38.56%

ZEC futures saw $107 million in liquidations over the past 24 hours, according to Coinglass data cited by ChainCatcher. Long liquidations totaled $765.9 million, while shorts came in at $299.8 million, placing ZEC's liquidation tally behind only BTC and ETH. Over the same period, ZEC futures trading volume jumped 89.28% to $11.555 billion, while open interest fell 38.56% to $836 million.