Whales are 95% long on ZEC. That should make you nervous.
ZEC just bounced, and on the surface it looks strong.
But zoom out and look at the whale book.
Most whale longs entered around 442.
Price is still sitting below 430.
So here’s the uncomfortable part:
Whales are heavily long… and still losing -2.5M USDT.
Meanwhile, whale shorts entered higher, around 436, and they’re already +1.4M USDT in profit. They’re not under pressure. Yet.
Yes, recent flow shows more buying than selling. But it’s not aggressive. It’s cautious.
This is a market waiting to punish someone.
Push above 440–445, and shorts start sweating. That’s where a squeeze lives.
Lose 425–430, and trapped whale longs become forced sellers.
When whales crowd one side, price rarely goes where they expect.
It goes where it hurts.
Trade levels. Respect the imbalance.
