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ZEC Bear Brothers Hang in There!
The number one whale who lost 6.49 million over a week has fallen, but his courage remains.
These days, ZEC has been surging fiercely, making it tough for the bears.
Just a heads-up, no jokes intended, just a reminder to the brothers, and a salute.
On the entire chain, the total ZEC whale holdings amount to 174 million USD,
Among them, short positions account for 103 million, and long positions only 71.72 million.
What does this indicate? Most big players are still bearish; the trend hasn't changed.
However, this rally has been brutal, squeezing the shorts.
The whale's short positions on the network lost 23.55 million, while longs gained 21.15 million, with a net loss of 2.39 million.
The most tragic is that first whale short.
He was at $578, and couldn’t hold on anymore, closing with a buy to cover of 18.18M, taking a loss and exiting.
In 24 hours, he lost 3.91 million, and over a week, a total loss of 6.49 million.
Honestly, it’s quite unfortunate.
Being able to hold at this level shows he truly believed ZEC would drop, just unlucky with timing and luck not on his side.
He’s down, but that doesn’t mean the bears have lost. The entire network’s short positions still outweigh longs, the main force is still in the game.
Brothers, don’t get discouraged just because one whale falls.
Markets always have ups and downs. No matter how fierce ZEC’s rise, it can’t go straight to the sky forever.
Stay steady, control your positions, and survive—that’s the only way to have a chance.
Salute to that fallen first whale. Rest in peace.
The remaining bears, let’s keep holding on. 💪
$ZEC