Zcash (ZEC) experienced significant liquidations totaling $6.13 million in the past hour, surpassing both Bitcoin and Ethereum, according to Coinglass data. The majority of these liquidations were short positions, amounting to $6.03 million, while long positions accounted for $94,400. The total open interest for ZEC contracts has reached 1.6155 million ZEC, valued at approximately $884 million. Over the past 24 hours, ZEC's open interest has increased by 19%.