$34.5 MILLION IN ZEC SHORTS JUST GOT WIPED OUT

Zcash didn’t just break the $1,000 milestone — the move caught leveraged traders heavily off guard.

According to CoinDesk, approximately $36.6 million in leveraged ZEC positions were liquidated during the rally, with roughly $34.5 million coming from SHORT positions.

📊 THE NUMBERS
🔸 ZEC surged above $1,000
🔸 ~$36.6M total liquidations
🔸 ~$34.5M were SHORTS
🔸 Short sellers accounted for the overwhelming majority of liquidations

As ZEC accelerated higher, short positions were forced to close — potentially adding even more buying pressure to an already powerful rally.

This is what happens when a crowded short trade meets aggressive momentum.

The bears just learned an expensive lesson. 🐻🔥

Source: CoinDesk
https://www.coindesk.com/de/markets/2026/09/04/zcash-jumps-20-to-landmark-usd1-000-level-as-short-sellers-lose-usd34-million

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