$ZEN is still mindlessly chasing more? Check out the big whale data of
$ZEN . Although the price is falling, the number of short whales has reached 214, with a position value of 10.59M, far exceeding the bulls. More importantly, although the number of long whales is only 75, their average opening price (9.92) is higher than the current price, resulting in a paper loss of 180,000. Meanwhile, the average opening price of short whales (10.14) is also above the current price, but they remain unchanged, with a profit and loss of zero, indicating that the short forces are waiting for the right moment and have not been trapped. The retail investor long-short ratio is 19.6%, clearly showing that retail investors are chasing prices up and down. The current market is in a tug-of-war between bulls and bears, and the next actions of the whales are crucial.
---
ZEN Latest Updates: Technical Weakness: The bearish arrangement of moving averages and negative MACD signals continue to push prices lower. Concerns in the privacy sector: Broader market panic and regulatory uncertainty drag down ZEN's performance. It is worth noting the ecological growth: Horizen is advancing its ecosystem construction through integrations like ZENDEX and planned new applications, staking, and privacy features, expected to continue developing through 2026. However, also be cautious of the ongoing downward trend: In the past 24 hours, the ZEN price has fallen by about 8.39%, with moving average indicators showing a bearish arrangement, indicating continued downward pressure.
#ZEN