The total ZEC contract liquidation amount across all platforms in the past 24 hours has risen to $55.3 million, with a single short position liquidated at $50 million.

BlockBeats News, November 7th, according to Coinglass data, the total value of ZEC liquidations in the past 24 hours surged to $55.3 million, with short liquidations accounting for $50 million. The total open interest of ZEC futures contracts across all exchanges reached approximately $1.23 billion, representing a 40% increase in the past 24 hours. The 24-hour trading volume for spot transactions was $1.39 billion, while the trading volume for futures contracts was $7.14 billion. Currently, major exchanges' ZEC funding rates are leaning negative, with a majority of short positions.

According to HTX market data, ZEC is currently trading at $704, representing a 24-hour price increase of 37.4%.