ZEC: Whale Closes $24.43M Short at $10.68M Loss

ZEC surged to $1,584 triggering a forced close on a half-month short held by a whale at $1,548, locking in a $10.68M loss on the $24.43M position just above the $1,551 liquidation line.

The trader had posted a 79% win rate and netted $9.11M since June before this single reversal wiped the entire ledger. ZEC price prediction models now face renewed scrutiny amid elevated crypto volatility and potential whale liquidation cascades.

Price sits at $1570.17 inside the Bollinger band with upper resistance at $1663.79 while RSI(14) at 75.51 signals overbought conditions and MACD golden cross at 95.41 keeps the bullish structure intact above EMA50 support at $1280.29; a measured pullback toward that level appears probable before any extension higher.