ZEC: 72% of accounts are short and the price barely dips 2% in 24h.
Derivatives data tells a different story:
• Perps OI: $651M, -3.6% in 24h → positions are being closed; no new shorts are entering with conviction
• Funding +0.01% (~11% annualized): longs pay, but the rate is neutral; no panic, no euphoria
• Taker aggression sell-side 1h (0.72): selling dominates in the very short term
• Top traders 47.5% long: big money is nearly balanced while the crowd piles into shorting
With the crowd short and OI falling, the squeeze fuel stays intact: reclaiming 1155 (where they expect $2.3M in sales) would put that majority short on the ropes. Down below, the $2.1M bid at 1143 is the first real floor.
If it reclaims 1155, is it a chain liquidation of shorts—or a trap for buyers?
NFA/DYOR · Data: Binance Futures API
$ZEC $BTC
Derivatives data tells a different story:
• Perps OI: $651M, -3.6% in 24h → positions are being closed; no new shorts are entering with conviction
• Funding +0.01% (~11% annualized): longs pay, but the rate is neutral; no panic, no euphoria
• Taker aggression sell-side 1h (0.72): selling dominates in the very short term
• Top traders 47.5% long: big money is nearly balanced while the crowd piles into shorting
With the crowd short and OI falling, the squeeze fuel stays intact: reclaiming 1155 (where they expect $2.3M in sales) would put that majority short on the ropes. Down below, the $2.1M bid at 1143 is the first real floor.
If it reclaims 1155, is it a chain liquidation of shorts—or a trap for buyers?
NFA/DYOR · Data: Binance Futures API
$ZEC $BTC
