Zerobase ZBT Price Surges 55%, Triggering $1.2 Million Liquidation Cascade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Surge: Zerobase (ZBT) experienced a remarkable 55% price increase within five hours on March 21, 2025, elevating its market capitalization to approximately $44 million, indicating strong market demand and potential value for the token.
- Liquidation Impact: This price surge triggered over $1.2 million in forced liquidations, primarily affecting short positions against ZBT, highlighting the inherent risks and volatility within the cryptocurrency derivatives market.
- Volume Spike: Trading volume on the South Korean exchange Upbit surged dramatically during the event, with ZBT's price briefly reaching around 270 KRW, indicating a significant increase in market participation that further fueled the price rally.
- Market Structure Analysis: Market analysts suggest that the short-term price fluctuations of ZBT may have been triggered by a sudden shift in market sentiment or coordinated buying by large holders, emphasizing the importance of risk management in the crypto market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
