The top-ranked individual whale on the open interest list ($ZEC ) is holding a massive short position of 1.57 million USDT!
This top-tier investor, Kevin, placed his short order at 1265 and hasn't moved it since 11 AM, clearly waiting for a big move.
Looking at the overall picture, the total short position is a staggering 180 million USDT, more than three times the long position. Almost all the real money in the market is betting on the short side.
On the other hand, the long side has only scraped together 59 million USDT. 73.67% of those positions are poised to cash out, each calculating how to get out first. Who would dare to be a sucker and chase the price higher?
The top whale is leading the shorting, and the largest institutional funds are also shorting. Now is the perfect time to short!
This top-tier investor, Kevin, placed his short order at 1265 and hasn't moved it since 11 AM, clearly waiting for a big move.
Looking at the overall picture, the total short position is a staggering 180 million USDT, more than three times the long position. Almost all the real money in the market is betting on the short side.
On the other hand, the long side has only scraped together 59 million USDT. 73.67% of those positions are poised to cash out, each calculating how to get out first. Who would dare to be a sucker and chase the price higher?
The top whale is leading the shorting, and the largest institutional funds are also shorting. Now is the perfect time to short!
