According to Coinglass data, ZEC liquidations surpassed $108 million in the past 24 hours, with long liquidations reaching $76.96 million and short liquidations totaling $30.85 million. The largest single liquidation was $4.658 million. Today's Zcash (ZEC) liquidations were primarily concentrated on Binance (38.75%), Hyperliquid (36.95%), and Bybit (8.26%), indicating a high concentration of active leveraged trading on these exchanges.