17 whales holding $126.7M in $ZEC shorts on Hyperliquid — that's 23.7% of total OI.
$ZEC down 4% today sitting at ~$1,219. Funding at default rate = shorts are basically free to hold right now.
Here's the thing: this much one-sided positioning is rocket fuel if price flips. Not calling direction, just flagging the setup.
Watch for a short squeeze if buyers step in. This kind of imbalance doesn't stay quiet for long.
$ZEC down 4% today sitting at ~$1,219. Funding at default rate = shorts are basically free to hold right now.
Here's the thing: this much one-sided positioning is rocket fuel if price flips. Not calling direction, just flagging the setup.
Watch for a short squeeze if buyers step in. This kind of imbalance doesn't stay quiet for long.