ZEC: Whale Opens $19.68M 10x Long Position
ZEC whale 0x8652 opens 10x long on 36,875 ZEC ($19.68M) with $494.55 liquidation as price holds $529.27 on bullish 4h structure.
SourceAnalysis
Whale 0x8652 opened a 10x long on 36,875 ZEC worth $19.68M over the past three hours, becoming the largest on-chain ZEC bull with a liquidation price at $494.55.
Current price sits at $529.27 inside a bullish trend where EMA50 at $528.53 acts as immediate support and EMA200 at $446.75 anchors the broader structure. MACD shows a golden cross while RSI at 51.33 remains neutral, placing the leveraged position well above liquidation and inside the Bollinger band with upper resistance at $555.92. A healthy retracement toward the 50-EMA could precede continuation, refining ZEC price prediction models and reducing crypto market crash concerns while underscoring ZEC technical analysis for institutional desks.
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