🔥 ZEC Bull-Bear Drama: Floating Profits of Whales Quietly Retreat, 12-Hour Liquidation Data Reveals the Truth

The current market Fear Index is 37, but ZEC has broken out independently.

By dissecting on-chain long and short positions (the third chart on the left shows the total data):

📊 ZEC Contract Position

· Total position $237 million

· Longs $104 million | Shorts $133 million

→ Short positions are larger, but longs are squeezing the shorts!

🚨 Liquidation data from the past 12 hours (key!)

· ZEC short liquidations $8.51M

· ZEC long liquidations only $1.09M

· For reference: SOL short liquidations $9.48M, BTC short liquidations $4.96M

👉 Blood flows in the short side, while longs have crushed the main short players at minimal cost.

🐋 On-chain whale tracking: Profitable floating gains, beginning to take profits

Through address analysis, early ZEC long positions accumulated huge floating profits from the bottom.

In the past few hours, some whale addresses have started partial profit-taking, clearly in batch profit-taking and reducing positions to retreat.

⚠ What will happen next?

· If longs continue to close positions, the $104 million long positions will loosen → trigger a sell-off + short rebound (long whales are far fewer than short whales, each close reduces the long side proportion faster)

· Although shorts have been liquidated, $133 million positions still lurk menacingly

· The total market of $237 million, volatility is about to explode

ZEC bull-bear game may intensify in the near future.

$ZEC ‌