ZEC Whale Opens $9.57M 10x Long

A high-stakes ZEC trader, wallet 0x535e, just slammed a 10x leveraged long on 17,137 $ZEC worth $9.57M in the last three hours, per Lookonchain data. Liquidation looms at $537.56, but he's layered take-profit orders from $545.19 to $740.37, eyeing a $7.6M windfall if ZEC surges that high—mirroring aggressive Bitcoin (BTC) whale plays we've seen dominating crypto markets over the past six months.

On the 4h chart, ZEC trades at $546.85 in a clear bullish structure, hugging above the EMA50 at $540.65 as solid near-term support while the EMA200 at $431.97 anchors the longer uptrend. MACD shows a fresh golden cross with a -4.8 reading, signaling building momentum even as RSI sits neutral at 48.85—price coils inside Bollinger Bands, testing the upper resistance at $581.19 that could cap gains short-term, but a break above eyes exhaustion toward $740 targets if volatility spikes, with the lower band at $511.82 offering confluence for any pullback before resuming the grind higher in this ZEC price prediction cycle amid broader crypto market rally vibes.