Zcash drives $212M crypto liquidations as ZEC jumps ~15%
Zcash-led liquidations total about $212M as ZEC spiked roughly 15%. The move followed a surge of about 20% on September 4, reaching an intraday high near $1,023-$1,051, its highest in nearly a decade.
Zcash has been on an absolute tear, surging roughly 20% on September 4 to touch an intraday high near $1,023 to $1,051. That price level marks the highest ZEC has traded in nearly a decade. The move didn't happen in a vacuum: it triggered a wave of short liquidations that helped push total crypto l…