🔍 Analysis: Are the "whales" ZEC is facing at the brink of liquidation?
The ZEC market just saw a sharp correction, leaving many large investors in a difficult position. Below are the details of the current liquidation pressure:
*Notable data:*
📉 ZEC price: ~1,445.2 USD (down 7.7% in 24h)
🐋 Total risky Long positions: ~17.97 million USD from 4 whale wallets
⚠️ Concentrated liquidation zone: 1,374 - 1,380 USD
🚩 Distance to the liquidation point: Only under 5% for the largest positions
*Why does it matter?*
- Selling pressure could surge if the price hits the 1,374 - 1,380 USD zone, triggering a domino effect that liquidates tens of millions of USD.
- The fact that big wallets are actively reducing their exposure shows a cautious sentiment ahead of short-term fluctuations.
- This is an extremely important psychological support zone; if this level breaks, ZEC could drop further.
👉 Guiding information — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#ZEC #CryptoMarket #Trading #Crypto #WhaleAlert $TRX
The ZEC market just saw a sharp correction, leaving many large investors in a difficult position. Below are the details of the current liquidation pressure:
*Notable data:*
📉 ZEC price: ~1,445.2 USD (down 7.7% in 24h)
🐋 Total risky Long positions: ~17.97 million USD from 4 whale wallets
⚠️ Concentrated liquidation zone: 1,374 - 1,380 USD
🚩 Distance to the liquidation point: Only under 5% for the largest positions
*Why does it matter?*
- Selling pressure could surge if the price hits the 1,374 - 1,380 USD zone, triggering a domino effect that liquidates tens of millions of USD.
- The fact that big wallets are actively reducing their exposure shows a cautious sentiment ahead of short-term fluctuations.
- This is an extremely important psychological support zone; if this level breaks, ZEC could drop further.
👉 Guiding information — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#ZEC #CryptoMarket #Trading #Crypto #WhaleAlert $TRX