🚨 : OI at 607 million USD and price up 11.4%! What are the whales doing?
I checked the prices this morning and was shocked—it’s up 11.4% in just 24 hours! What’s even more notable is that the Open Interest (total open positions) for $ZEC has reached 607.04 million USD, meaning a huge amount of money is flowing in. Trading volume has also exceeded 423 million USD.
This shows that enormous pressure is building in the market. Could a major liquidation event be coming soon? Will the Longs or Shorts have the upper hand? I’m a little worried for those holding large positions.
If it were you, would you keep a close eye on things or stay on the sidelines for now?
For informational purposes only; not investment advice. DYOR.
#ZEC #ShortSignal
I checked the prices this morning and was shocked—it’s up 11.4% in just 24 hours! What’s even more notable is that the Open Interest (total open positions) for $ZEC has reached 607.04 million USD, meaning a huge amount of money is flowing in. Trading volume has also exceeded 423 million USD.
This shows that enormous pressure is building in the market. Could a major liquidation event be coming soon? Will the Longs or Shorts have the upper hand? I’m a little worried for those holding large positions.
If it were you, would you keep a close eye on things or stay on the sidelines for now?
For informational purposes only; not investment advice. DYOR.
#ZEC #ShortSignal