Sometimes I feel like $ZEC whales are trapped above me… so if price keeps climbing, I’ll ride their squeeze.
ZEC is already up +12.87% and the whales’ data is screaming pressure. Out of 332 whales, only 70 are long while 262 are short — and both sides are currently in loss. Shorts hold a massive $32.19M position with an average entry at 247.75, while price is already trading at 255+. That means many shorts are under pressure and liquidation risk is increasing.
Meanwhile, the average long entry sits way higher around 306.91, showing that early buyers are still holding and expecting a continuation toward that zone. What’s interesting is the latest whale activity: 87 whales bought while only 65 sold, pushing net buy volume to $1.23M versus $864K sell pressure.
When shorts are crowded and buying pressure starts building, the market often squeezes them hard. If momentum continues, ZEC could move toward the long whales’ average zone.
Trade idea: LONG $ZEC C around 254-256 | TP: 278 | SL: 244