๐Ÿ˜ฎ๐Ÿšจ

A whale is betting against $ZEC ๐Ÿ‹

One of the whales deposited 2.46 million dollars in $USDC on the HyperLiquid platform and opened a short position with a leverage of 3ร— on ZEC, indicating a strong conviction of a price decline.

This move reflects expectations of imminent weakness in the short term, or a correction resulting from a specific trigger in the price of Zcash.

๐Ÿ‘€ The focus is now on the price movement of ZEC: if volatility increases, this trade could quickly lead to increased selling pressure.

#ZEC #WhaleAlert #BinanceHODLerMorpho #CPIWatch

ZEC
ZEC
413.04
+1.48%