ZEC open interest surges 29% in 24 hours; long positions concentrated among large holders

Data from Coinglass shows that total ZEC futures open interest reached 2.34 million ZEC, approximately $3.35 billion, marking a 29% increase over 24 hours. Liquidations totaled $9.08 million in the last four hours and $58.9 million over the past day. On Binance, the ZEC/USDT long-short ratio is 0.3646, while the large-account holder long-short ratio stands at 0.7663, indicating that while short traders are more numerous, long positions are concentrated among a few large holders.