ZEC, this move is a bit interesting.
On the 15m timeframe, it pulled up 0.94%. Volume surged straight to 1.96x. OI increased by 0.46% over the past hour; notional inflow was 12.49M USD. Both price and open interest are rising—this looks like leveraged longs pushing, not the kind of “short covering” that’s just talk.
The order book shows active trade imbalance of 18.7%, with buy/sell ratio at 1.46—buy orders are clearly more urgent. A 5m liquidation agent triggered at 209K, concentrated on the buy side, suggesting some shorts were forced to get liquidated and closed.
The abnormal percentile is 92.5%, ranking 5th in the whole pool. Notional change ranks 2nd in the pool. In the last 24h, traded value is at least 1.9B USD. Liquidity is there—not a small pool self-hype situation.
With this kind of structure, don’t lightly try to stand on the short side in the short term. $ZEC
On the 15m timeframe, it pulled up 0.94%. Volume surged straight to 1.96x. OI increased by 0.46% over the past hour; notional inflow was 12.49M USD. Both price and open interest are rising—this looks like leveraged longs pushing, not the kind of “short covering” that’s just talk.
The order book shows active trade imbalance of 18.7%, with buy/sell ratio at 1.46—buy orders are clearly more urgent. A 5m liquidation agent triggered at 209K, concentrated on the buy side, suggesting some shorts were forced to get liquidated and closed.
The abnormal percentile is 92.5%, ranking 5th in the whole pool. Notional change ranks 2nd in the pool. In the last 24h, traded value is at least 1.9B USD. Liquidity is there—not a small pool self-hype situation.
With this kind of structure, don’t lightly try to stand on the short side in the short term. $ZEC