CoinGlass data showed ZEC liquidations of $58.81 million over 24 hours as its price moved more than 16.66%, affecting 8,173 traders. Short positions accounted for $51.06 million, versus $7.75 million for longs, and the largest single liquidation was $6,990,340. Hyperliquid represented 37.04% of ZEC liquidations, followed by Binance at 33.55% and Bybit at 9.5%. In a separate 12-hour market-wide snapshot cited by Odaily Planet Daily, crypto liquidations totaled $99.0495 million, including $66.9933 million from shorts and $32.0562 million from longs; ZEC led token-specific liquidations with $23.2602 million, ahead of ETH at about $14.4046 million and BTC at about $13.3940 million. The figures followed reports of a large leveraged ZEC long on Hyperliquid that contained conflicting details about position size, leverage and valuation.