Data: ZEC Futures Open Interest Surges 29% in 24 Hours; Long Positions Concentrated Among Large Holders per Long/Short Ratio

According to Coinglass data, the total open interest in ZEC futures contracts across all exchanges stands at 2.34 million ZEC, approximately $3.35 billion, surging 29% in 24 hours. In the past 4 hours, ZEC liquidations totaled $9.08 million, and over the past 24 hours, liquidations reached $58.9 million.

On Binance, the ZEC/USDT account long/short ratio is 0.3646, the large account holder long/short ratio is 0.3168, and the large account position long/short ratio is 0.7663. This indicates that short traders are more numerous, while the relatively smaller proportion of long positions is more concentrated among certain large holders.