🚨Monitoring on-chain activity: ZEC bullish whales "cut losses and surrender," three major whales close long positions with a loss of $1.5 million!

Just now, on-chain monitoring detected three ZEC bullish whales collectively selling to close longs, with a total position value of $6 million, totaling a loss of $1.5 million. The most steadfast longs have begun to admit defeat and exit.

Let's look at the overall holdings data of the current ZEC whales (the far-left is the total data):

📊 Total holdings: $49.2654 million

· Long positions: $20.2455 million

· Short positions: $29.02 million (shorts dominate)

💰 Total margin: $6.6661 million

· Margin for longs: $3.3108 million

· Margin for shorts: $3.3553 million (shorts slightly higher)

📈 Total profit and loss: $3.0554 million

· Long P&L: -$90,500 (overall slight loss excluding the $1.5 million whale loss)

· Short P&L: +$3.1459 million

💸 Total funding fee: -$124,900

· Long funding fee: -$72,300

· Short funding fee: -$52,600

Analysis:

Overall, the whales are actually short-dominated (short positions $29.02 million > long $20.2455 million), with short floating profits reaching $3.1459 million.

At this moment, the three bullish whales are cutting losses and closing longs with a loss of $1.5 million, indicating internal disagreement among the longs.

Next, keep an eye on these whales—will they turn short in place? That would accelerate the decline.

This article is an original analysis by "Haar H."

If you want to check on-chain data for other tokens.

👉 Leave the token name in the comment area, and I will help you check.

Follow "Haar H" to understand the on-chain truth together. $ZEC