1444 people are making money, 486 people are losing money; ZEC’s contract data now
For the profitable group: average entry cost is 1100, with unrealized profit of $148 million, and the profit rate is 72%. For the losing group: average entry cost is 1382, with unrealized loss of $5.64 million, and they’re still holding on.
At first glance, it looks pretty normal—there are more people making money, right? But if you calculate carefully: the profitable group’s average position size is 475M divided by 1444, about 329,000 U. The losing group’s average position size is 41.72M divided by 486, about 86,000 U. That means the profitable group’s average position is nearly four times that of the losing group.
More importantly, consider the cost: 1100 versus 1382 is a difference of nearly $280. And the current price is only 1598. The bottom group has an absurdly thick safety cushion, while those who entered above 1382 are already close to being trapped.
Funding rate is 0.01%, basically zero. Nobody is adding leverage to chase longs, and nobody is wildly shorting. The price is just slowly being pushed up—up 3 points, quietly.
This kind of structure is great for those heavily positioned at the low end. The small positions that entered at the high end are just hard-holding. If price continues higher, the short side may feel pressure; if it drops, the people who just chased in will be the first to feel uncomfortable.
$ZEC #ZEC
For the profitable group: average entry cost is 1100, with unrealized profit of $148 million, and the profit rate is 72%. For the losing group: average entry cost is 1382, with unrealized loss of $5.64 million, and they’re still holding on.
At first glance, it looks pretty normal—there are more people making money, right? But if you calculate carefully: the profitable group’s average position size is 475M divided by 1444, about 329,000 U. The losing group’s average position size is 41.72M divided by 486, about 86,000 U. That means the profitable group’s average position is nearly four times that of the losing group.
More importantly, consider the cost: 1100 versus 1382 is a difference of nearly $280. And the current price is only 1598. The bottom group has an absurdly thick safety cushion, while those who entered above 1382 are already close to being trapped.
Funding rate is 0.01%, basically zero. Nobody is adding leverage to chase longs, and nobody is wildly shorting. The price is just slowly being pushed up—up 3 points, quietly.
This kind of structure is great for those heavily positioned at the low end. The small positions that entered at the high end are just hard-holding. If price continues higher, the short side may feel pressure; if it drops, the people who just chased in will be the first to feel uncomfortable.
$ZEC #ZEC
