ZEC — This wave of short sellers is really too miserable. With so many people and so much money, what’s the use?



Honestly, when I look at this set of ZEC data, my head is buzzing.

The short brothers clearly have the most people and the thickest funds—but in the end, they get repeatedly pressed and rubbed on the ground by the longs. Weren’t they saying “shorts will surely win”? This battle is so demoralizing it’s making people’s hearts feel clogged.

Liquidation data: a whole house of shorts—everyone got blown out

Over the past 24 hours, ZEC contracts liquidated more than 19 million USD. Guess what?

· Short positions liquidated 18.73 million, while long positions only liquidated 430,000.
· Within 1 hour, shorts liquidated 11.10 million, while longs only liquidated 130,000.

The short liquidation volume is more than 40 times that of the longs. This isn’t a fight—it’s a one-sided execution.

Positions and profit/loss: the more you hold, the more you lose; the more you lose, the more you hold

Now look at the positions:

· Total short positions are over 81 million; long positions are only 55 million.
· Short margin is over 11 million; long margin is only 5.9 million.

Shorts have so many people and so much money. They’ve also put down heavy capital. So what happened?

· Longs profited 11.38 million
· Shorts lost 13.71 million

You put in 11 million in margin, yet you ended up losing 13.71 million—your principal isn’t even enough to cover the loss.

Funding fees? That little bit of “fly meat” is good for nothing

The short side really did earn a bit of the funding fee, collecting more than 70,000 USD.
But on the board, a loss of 13.70 million—what can those 70,000 bucks even do?

It’s like your house burned down and you found a lighter on the floor. Can you really be happy?

Where’s the problem? Too “cowardly”—you don’t dare to fight back

Shorts have many people and lots of money. They could have pushed the price down. But what are everyone doing?

· Only adding positions, not daring to push the dump
Watching the price spike upward, no one leads by hanging big sell orders—everyone just hopes someone else will move first.
· Stubbornly holding on and not believing in bad things
The price has already pulled through the stop-loss line, yet they still think, “It’ll dip back soon.” In the end, they get hit with liquidation notice messages.
· The more people there are, the more scattered the hearts are
Hundreds of shorts each have their own little calculations, while the longs raise the price effortlessly—one by one, getting blown out.

Let me end with a blunt truth

In the crypto world, having many people doesn’t necessarily mean strength. It might actually be the biggest collection point for suckers.

Next time you see everyone going all-in short and stacking margin into a mountain, don’t rush in. Ask yourself one question:

“Am I building an air-raid shelter, or lining up to go to the slaughterhouse?”

$ZEC
ZEC25.12%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
gan666
· 8h ago
It is indeed a slaughterhouse.
View OriginalReply0
Mr.ZhangFromAaBuilding
· 8h ago
Bro, which app are you using to watch that?
View OriginalReply0
  • Pin