ZEC futures open interest surged 29% in 24 hours across the network, with the long-short ratio indicating that long positions are more concentrated in the hands of some large holders.

BlockBeats news, September 17th, according to Coinglass data, the total open interest of ZEC futures contracts across the network is 2.34 million, approximately $3.35 billion, surging 29% in 24 hours. In the past 4 hours, ZEC liquidations amounted to $9.08 million, and in the past 24 hours, liquidations reached $58.9 million.

On Binance, the ZEC/USDT account long-short ratio is 0.3646, the large account number long-short ratio is 0.3168, and the large account position long-short ratio is 0.7663. This indicates that there are more short traders, and the relatively lower proportion of long positions is more concentrated in the hands of some large holders.