2026-01-12 16:23:09

ZEC has been making quite a splash recently. Large holders are busy withdrawing coins from exchanges and opening leveraged long positions, and this momentum doesn't look simple.

Specifically, a new wallet withdrew 3,956 ZEC from a major exchange, worth $1.55 million, directly hitting the seller’s liquidity. There’s also a famous trader who’s even more aggressive, directly smashing a long position of over 42,498 ZEC (worth $17.53 million), more than ten times the size. And it doesn’t stop there—the open interest has surged by 6.18%, now reaching $900.5 million. Data from exchanges further confirms the situation, with 61% of top traders betting on the long side.

On the technical side, ZEC is currently trapped between a support at $371.21 and resistance at $408.36, and has been range-bound for several months. The RSI stands at 42.13, which isn’t particularly extreme. Spot accumulation is ongoing, leverage positions are expanding, and longs are clearly betting on a strong breakout.

That said, 10x leverage is very risky. Once the support level is broken, those caught on the wrong side will likely be in a tough spot.

ZEC-4.04%

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RugDocDetective

· 01-15 15:27

10x leverage this wave is indeed exciting, but it feels like playing with fire --- Big players are rushing in wildly, this rhythm is really a bit scary --- Everyone is betting on a breakout, what if it crashes? --- 61% top traders are betting long? Why does this data look so familiar --- Spot accumulation and leverage expansion, I've seen too many tricks like this --- Breaking below support is game over, this bet is too big --- ZEC this wave will either skyrocket or plummet, there's no middle ground --- Pumping over 3,000 ZEC at once, does anyone really go this hard? --- Can the 371 support really hold? I think it's uncertain

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MetaverseHomeless

· 01-15 14:21

Large traders are buying the dip so aggressively, it feels like another round of profit-taking is coming 10x leverage players are really brave, breaking support and getting liquidated immediately 61% betting on long? That data is a bit scary, it's time for a reverse operation It looks like a setup; if it breaks below 371, it's time to run If ZEC can break through 408 this time, it will truly take off

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Rekt_Recovery

· 01-15 01:49

lmao 10x on zec... yeah that's the spirit of leverage ptsd right there. seen this movie before, ends with liquidation porn and copium posts. ngl the accumulation looks legit but when 61% of top traders are long... that's usually when the rug gets pulled, no cap

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CommunityWorker

· 01-14 22:25

10x leverage directly throwing so much, once it breaks the level, you'll really have to cut losses --- 61% of the big players are long, this feels a bit... do you think it might be a trap --- Withdrawing 3956 coins, is this for long-term holding or preparing to dump? I don't quite understand --- Finally moving after such a long sideways, it seems ZEC has indeed gained some heat recently --- 10x longs are really bold, I don't know if the 371 support is solid or not --- The exchange is all longs, and at such times, you should be more cautious --- Leverage positions skyrocketing is a bit dangerous, the risk is quite high --- 900 million USD in open interest, this level of activity is indeed significant --- Spot accumulation + leverage expansion, longs are determined to make a move

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RugResistant

· 01-12 16:52

10x leverage on 3956 ZEC move? nah, red flags detected here—that's textbook liquidation bait setup. 61% of top traders going long screams potential exploit waiting to happen. needs immediate attention before support breaks.

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ser_ngmi

· 01-12 16:52

10x leverage is fun, but I'm afraid a sudden pullback will directly take you out.

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GateUser-4745f9ce

· 01-12 16:51

10x leverage, you really have guts. One pullback and you're liquidated.

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Blockwatcher9000

· 01-12 16:45

Leverage of 10x is really playing with fire, a black swan could directly hit the bottom. --- The big players' moves this time are a bit aggressive, but I still think this sideways range doesn't feel right. --- 61% of top traders are bullish? This data looks even more dangerous, easily leading to a reverse liquidation. --- $1.55 million pouring into liquidity, so blatant, is it real or fake? --- Whether ZEC can break out this time is still uncertain, I've seen leveraged liquidation waves before, I really don't want to see it again. --- Wow, open interest contracts surged by 6 percentage points, this is a typical top signal, right? --- Spot accumulation + leverage hitting the limit, no matter how this combination moves, it will cause a wave of collapses. I just want to watch the fun. --- That celebrity trader really dares to make a move, a 17.53 million tenfold position, a 5% drop and it's directly liquidated. Just thinking about it is scary. --- Why do big players have to withdraw coins from the exchange? Are they trying to dump the market or are they really optimistic? The rhythm is a bit chaotic. --- Suddenly so volatile after four months of sideways movement, it feels like someone is trying to manipulate the market. Retail investors should just watch.

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ImaginaryWhale

· 01-12 16:40

How are 10x leverage players still not smart enough? This time, it's the rhythm of liquidation.

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