ZEC: Whale Liquidated for $5.4M on Longs
ZEC whale @ICanPlug lost $2.9M then $5.4M total after reopening 10x long; price holds $581.16 above EMA50 support.
SourceAnalysis
ZEC whale @ICanPlug faced full liquidation on an initial long, booking $2.9M losses before immediately opening a fresh 10x leveraged long that drove cumulative losses past $5.4M.
Current ZEC price sits at $581.16 inside a bullish trend with price above the EMA50 at $575.28 and EMA200 at $527.1; MACD golden cross at 11.83 reinforces momentum while the RSI at 50.45 stays neutral, leaving room for a test of upper Bollinger resistance at $633.19 before any pullback to the lower band near $527.9. Notable ZEC perpetual futures liquidations whale trading activity like this often coincides with spikes in ZEC price prediction searches and broader crypto market crash fears.
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