ZEC: Whale Liquidated on $10.11M Short
ZEC whale loses $890K after $10.11M 10x short at $1245 liquidated when price surged past $1390 post-Fed decision.
SourceAnalysis
ZEC whale opened 10x short on 8120 coins at $1245 for a $10.11M position right before the Fed rate decision, only to see the entire stake wiped out three hours later with an $890K loss once price climbed above $1390.
Price now sits at $1489.3 inside a bullish structure above the EMA50 support at $1217.64, yet the RSI at 78.83 flashes overbought while the upper Bollinger Band at $1552.52 caps upside, pointing to a probable pullback toward the 50-EMA before any fresh continuation in the ZEC price prediction cycle.
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@EmberCNAnalyst about On-chain Analysis