BinanceHODLerPROVE

Binance has revealed the 31st project on the HODLer Airdrops page: Succinct (PROVE). Users who subscribed their BNB to Simple Earn and/or On-Chain Yields products from 2025-07-18 00:00 (UTC) to 2025-07-21 23:59 (UTC) will receive the airdrop distribution. Airdrop details will be available in 24 hours, with tokens credited to users' Spot Accounts 1 hour before trading begins.PROVE will be listed on Binance at 2025-08-05 17:00 (UTC) , with trading pairs including USDT, USDC, BNB, FDUSD, and TRY.  The seed tag will also be applied to PROVE. 

Another liquidation alert just hit the market — and this time, it involves Zcash ($ZEC ).


A notification came through showing:



“$ZEC Short Liquidated — $67.5K at $416.75.”



Here’s what that actually means:


Someone had a short position open on ZEC — meaning they were betting the price would fall. But the opposite happened.

ZEC’s price pushed upward, and when it reached around $416.75, the trader’s margin couldn’t support the loss anymore, triggering an automatic liquidation.


Their position — worth $67,500 — was effectively wiped out.



Why This Matters


When a short position gets liquidated, it means:


The price moved against traders who were expecting a drop.The market is experiencing upward pressure.Momentum has shifted toward the buyers.

If we see multiple short liquidations in a row, something bigger can happen:


The Short Squeeze Effect


When shorts are forced to close, the exchange automatically buys back the asset to settle the position.


This buying action itself pushes the price even higher.


So liquidation → more buying → higher price → more shorts liquidated.


A chain reaction.



What to Watch Now


If ZEC continues to trigger short liquidations:


Momentum strengthens
Volatility increasesBreakouts become more likely

Smart traders don’t just watch price —

They watch who is being liquidated.


Because that’s where the real market pressure shows.

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$ZEC

Dogecoin slipped to its lowest level in weeks as selling from large holders intensified and bearish technical signals strengthened, confirming a shift in momentum for the popular meme coin.
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What to Know
Dogecoin fell 2.3% to $0.1827, breaking a key support zone as whale distribution accelerated and long-term holders began exiting positions. The token’s technical indicators have turned bearish, with a “death cross” pattern reinforcing downside risks.
Traders are closely monitoring the $0.1830–$0.1850 range, while failure to hold above $0.177 could open the path toward the next major support near $0.14.
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Market Overview
DOGE declined from $0.1870 to $0.1827 over the past 24 hours, marking its third consecutive session of lower highs. The move reflected a deteriorating technical backdrop alongside increased selling from large wallets.
Despite multiple short-lived recovery attempts above $0.1860, sellers maintained firm control, solidifying resistance at that level. U.S. trading hours saw persistent sell-side activity, with algorithmic and institutional participation amplifying the move lower.
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On-Chain Data Confirms Distribution
On-chain analytics reveal that roughly 440 million DOGE were offloaded by mid-tier whales (holding between 10M–100M tokens) over the past 72 hours.
The Hodler Net Position Change metric flipped negative, showing 22 million DOGE in outflows — a 36% reversal from prior accumulation patterns and the largest drawdown in nearly a month. This marks a notable behavioral shift among long-term holders, who appear to be rotating out of positions amid weakening market structure.
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Technical Picture
Dogecoin’s chart now reflects a confirmed bearish structure. The breach of $0.1830 support coincided with the formation of a “death cross” between the 50-day and 200-day EMAs in late October, while the 100-day EMA appears set to follow suit — both signaling sustained downside bias.
A cost-basis analysis highlights heavy liquidity concentration between $0.177–$0.179, where approximately 3.78 billion DOGE are clustered. This zone now serves as the critical line of defense for bulls attempting to stabilize the trend.
Meanwhile, trading volume surged to 274.3 million DOGE during the selloff, followed by a 15.5 million burst in the aftermath — suggesting that the distribution phase may be entering its final stage before potential base formation.
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What Traders Should Watch
DOGE currently trades in a vulnerable position. The $0.1830–$0.1850 band remains the near-term pivot, while a break below $0.177 could accelerate downside momentum toward $0.14, a major liquidity pocket aligned with prior accumulation levels.
Analysts note that only a sustained reclaim of $0.1860 on above-average volume would invalidate the bearish setup. Until then, traders are likely to treat short-term rallies as exit opportunities rather than trend reversals.
Whale activity remains the key watchpoint. A sharp decline in large-transaction counts would likely signal the end of the distribution phase and the potential start of renewed accumulation near cost-basis support levels.$XRP $BTC

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