Zcash Faces 562% Liquidation Imbalance Amid Short Squeeze

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Privacy token Zcash (ZEC) faces a 562% liquidation imbalance after a sharp rally forced traders betting against the token out of leveraged positions. The imbalance indicates that short sellers are being squeezed, with liquidations heavily skewed toward those who had bet on price declines. This development highlights the volatility and risk in the cryptocurrency market, particularly for privacy-focused assets.

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Zcash
ZEC-USD
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Short squeeze from liquidation imbalance drives ZEC price up.

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