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Zcash futures flows drop 859% as long positions get wiped out

Zcash futures flows drop 859% as long positions get wiped out
AI summary

Zcash futures flows collapsed 859% as long positions were liquidated, with whales repositioning amid the wipeout. The sharp drop in derivatives activity signals a major unwind of leveraged bullish bets on ZEC. Traders should watch whether spot demand absorbs the deleveraging or whether the collapse in futures flows precedes further downside.

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