$ZEC Liquidation Heatmap
@Zcash just got absolutely wrecked in the last 24 hours.Price plunged from over 600 USDT down to 242.4 USDT — a brutal cascade that wiped out massive long positions along the way.
Bright horizontal bands across the 500–600 zone show where the heaviest liquidation clusters were sitting. As price broke lower, those levels triggered chain reactions, accelerating the drop. The darker lower zones now represent fresh liquidity pools that could become the next targets if selling pressure continues.
Key takeaway:
High liquidation density + sharp price breakdown = classic cascading liquidation setup. Volatility is far from over.