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via CoinDesk · By CoinDesk Staff
Zcash price news: Why did ZEC rocket 30% and what's next
BTC
BTC/USDT
$59,802.00
-2.06%
$59,802.00
-2.06%
(24s)24h Volume
$29,650,885,667.88
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:53 PM UTC)
1 min read
994 views
0 commentsZcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
The privacy coin extended its multi-month rally on Tuesday with $46.7 million in shorts liquidated, after Multicoin Capital disclosed a significant ZEC position.
Bearish bets on a token that institutional investors were quietly accumulating turned sour on Tuesday.
Zcash (ZEC) ripped nearly 30% over 24 hours to $543 in…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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