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Family members, just a moment ago, three “big whales” suddenly appeared on-chain (we’ll call them giants), and at the same time they were operating with ZEC.
Once you look at their orders, wow—someone is shorting, someone is going long; it’s the rhythm of them starting to go at it!
First, look at the guy who is shorting (Figure 1):
Position: 1,820 ZEC
Direction: Short
Leverage: 10x full position
Entry price: $549.28
Current unrealized loss: $4,660 (it’s already a bit uncomfortable)
Liquidation price: $3,402 (still far away for now)
Next, look at the two going long (Figure 2):
Position: 6,254 ZEC
Direction: Long
Leverage: 1x full position (equal to spot)
Entry price: $550.21
Current unrealized profit: +$10,100
Another long (Figure 3):
Position: 4,971 ZEC
Direction: Long
Leverage: 1x full position
Entry price: $543.48
Current unrealized profit: +$43,200
Quick summary:
One short uses 10x leverage to try to smash the market
Two longs use over 6 million USD and 1x leverage to hard hold
Now the price is around $552, and the short is already at a small loss.
If the price continues to surge upward, the short will either cut losses or keep holding their position.
By then, they’ll have to buy back to close the position, which in turn will push the price even higher.
This is not a drill—those three big whales have already flashed their cards.
ZEC next will either explode upward or see longs and shorts tear into each other.
Keep your eyes on the screen—volatility won’t be small!
$ZEC