$ZEC Short Liquidation Rocks the Market
Zcash Takes Center Stage with a Major Liquidation
Liquidation Amount $2,360 USD
Liquidation Price $60.8
What’s Happening
A substantial short position on was liquidated as bullish momentum pushed the price to $60.8. Bears were forced to exit, marking a decisive win for bulls in this battle
Why Does This Matter
1 Bullish Signal Liquidation of shorts often indicates strong upward pressure.
2 Volatility Spike Price swings are likely, presenting opportunities for traders.
3 Market Sentiment Shift Bears are losing ground, suggesting a potential trend reversal.