143 whales losing money and holding on, 129 shorts are just there as a backdrop! On the eve of the
$ZEC Ironwood upgrade, who is secretly accumulating?
Brothers, Wan Ge will go straight to the point.
Tonight, the Zcash Ironwood upgrade activates and fixes a potential vulnerability in the old privacy pools. This is a key step in rebuilding trust in Zcash. After the upgrade, the old pools can only withdraw but not deposit; the circulating supply will drop in the short term, and supply-demand dynamics are already changing.
The price is still stuck around $472 and hasn’t moved, but the 1-hour chart has already formed a descending wedge—an inflection may be imminent. More importantly is the giant whale data: in perpetual contracts, long open interest is 62.63M USDT, while shorts are only 9.34M, making the long-to-short ratio as high as 670%! The 143 whales are heavily long around $481. Everyone is currently at a loss, yet not a single one has exited, while the 129 shorts have open interest only a fraction of the longs. The funding rate is just 0.0058%—the market hasn’t FOMO’d yet, and the main players could act at any moment.
Wan Ge’s view: three signals point upward. Pull back to 460–465 to add positions; first targets are 500–510, and a breakout could open the way to 540. Aggressive traders—enter at the current price!
The bottom is always formed while people hesitate. With the Ironwood upgrade landing, can ZEC regain its dominance?
#ZECUSDT #AI担忧致10只标普500成分股跌超40%