Garrett Jin Entity: ZEC Short Liquidation Price Hits $4738
Garrett Jin whale sold 35k ETH at $2500 to margin ZEC short, lifting liquidation from $2631 to $4738 on Hyperliquid amid $1479.82 price action.
SourceAnalysis
Garrett Jin whale entity sold the full 35,000 ETH withdrawn from Binance at $2,500, channeling proceeds into margin for their underwater ZEC short and pushing the liquidation price from $2,631 to $4,738.
Price sits at $1479.82 inside the Bollinger band with upper resistance at $1605.2; RSI(14) at 72.99 signals overbought conditions while MACD golden cross holds bullish structure above EMA50 support at $1238.99. With price testing upper Bollinger resistance while RSI flashes overbought, a healthy retracement to the 50-EMA support at $1238.99 seems probable before further continuation on ZEC perpetual futures liquidation price mechanics.
余烬
@EmberCNAnalyst about On-chain Analysis