Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.
Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.