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Zcash Leads Crypto Market With $28.73 Million in Liquidations

Zcash liquidations exceeded those for Ether and Bitcoin during the same period as ZEC fell nearly 10% over 24 hours to 1,404 USDT.

Mentioned assets
Metallic token beside toppled leverage markers / TokenPost.ai
Metallic token beside toppled leverage markers / TokenPost.ai

Zcash (ZEC) led the crypto market in forced liquidations over a 12-hour period ending around 2:10 a.m. ET (06:10 UTC) Sept. 29, with $28.73 million in positions closed.

The total exceeded liquidations in Ether (ETH), which reached $15.58 million, and Bitcoin (BTC), which recorded $15.08 million during the same period.

ZEC also fell nearly 10% over the previous 24 hours, trading at 1,404 USDT. Zcash ranked first among the assets listed for 12-hour liquidations.

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