Here's the quick insight on the #ZEC (Zcash) short$ liquidation:
🔍 Key Details:
Asset: $ZEC
Type: Short Liquidation
Amount Liquidated: $11,540
Liquidation Price: $461.61
📈 Analysis:
A $11.54K liquidation suggests a notable force-out of short sellers as ZEC’s price climbed past $461.61.
Medium-to-large size liquidations like this can indicate increasing buy pressure or the start of a short squeeze, especially if it’s part of a cluster of liquidations.
Watch for momentum continuation or whether this triggers additional stop-loss cascades for short positions in the same range.
Would you like to check nearby liquidation clusters or ZEC’s recent price support/resistance levels?
Here's the quick insight on the #ZEC (Zcash) short liquidation:
🔍 Key Details:
Asset: $ZEC
Type: Short Liquidation
Amount Liquidated: $11,540
Liquidation Price: $461.61
📈 Analysis:
A $11.54K liquidation suggests a notable force-out of short sellers as ZEC’s price climbed past $461.61.
Medium-to-large size liquidations like this can indicate increasing buy pressure or the start of a short squeeze, especially if it’s part of a cluster of liquidations.
Watch for momentum continuation or whether this triggers additional stop-loss cascades for short positions in the same range.
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