#zcash现货etf月度净流入超2.3亿美元 huge whale profits 20x starts to dump hard—has the ZEC short squeeze reached its end?
This ZEC squeeze blew up the leading short sellers. One trader held a 24.43 million USDT short position for half a month, then cut the loss and exited, losing 10.68 million—giving back all the profits they had built up with a 79% win rate in one go.
In just one month, the Grayscale ETF absorbed $233 million and pushed the price up to 1584. But that on-chain “48-cost” whale had already moved its coins into exchanges—20x profit.
Now the price is hovering around 1550. RSI is overbought, ETF flows are still coming in, but the whale’s coins are lying in exchange wallets.
My view is simple: the squeeze is basically near its end. Bulls are relying on ETF incremental inflows, and the shorts have been knocked down. But then—who’s the next buyer? $ZEC $DASH
This ZEC squeeze blew up the leading short sellers. One trader held a 24.43 million USDT short position for half a month, then cut the loss and exited, losing 10.68 million—giving back all the profits they had built up with a 79% win rate in one go.
In just one month, the Grayscale ETF absorbed $233 million and pushed the price up to 1584. But that on-chain “48-cost” whale had already moved its coins into exchanges—20x profit.
Now the price is hovering around 1550. RSI is overbought, ETF flows are still coming in, but the whale’s coins are lying in exchange wallets.
My view is simple: the squeeze is basically near its end. Bulls are relying on ETF incremental inflows, and the shorts have been knocked down. But then—who’s the next buyer? $ZEC $DASH
