Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
Burns Brief
The privacy coin extended its multi-month rally on Tuesday with $46 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
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.
Key Takeaways
- 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