💎 Noteworthy: A ZEC whale is planning a dramatic U-turn!
According to data from TradingBeats, a large wallet (0x469e) currently holds a ZEC short position worth around $8.04 million and is in profit. However, its latest move suggests this whale is preparing to switch from bearish to bullish.
*Trade details:*
🔹 Buy orders: $10.77 million (around 10,000 ZEC)
🔹 Buy price range: $1,055–$1,100
🔹 Distance from the current price: 2.7%–6.7%
🔹 Sell orders: $3.6 million at around $1,200
*Why does this matter?*
- This is a “betting on both sides” strategy: If the price drops sharply, the whale will take profit on its short position and open a long-term long position.
- Conversely, if the price rebounds to $1,200, it will continue increasing its short position to maximize profits.
- This move points to strong short-term volatility for ZEC, as major players are betting on both scenarios.
👉 Stay informed and make your move — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $TRX
According to data from TradingBeats, a large wallet (0x469e) currently holds a ZEC short position worth around $8.04 million and is in profit. However, its latest move suggests this whale is preparing to switch from bearish to bullish.
*Trade details:*
🔹 Buy orders: $10.77 million (around 10,000 ZEC)
🔹 Buy price range: $1,055–$1,100
🔹 Distance from the current price: 2.7%–6.7%
🔹 Sell orders: $3.6 million at around $1,200
*Why does this matter?*
- This is a “betting on both sides” strategy: If the price drops sharply, the whale will take profit on its short position and open a long-term long position.
- Conversely, if the price rebounds to $1,200, it will continue increasing its short position to maximize profits.
- This move points to strong short-term volatility for ZEC, as major players are betting on both scenarios.
👉 Stay informed and make your move — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#CryptoMarket #Trading #Crypto #WhaleAlert #OnChain $TRX