Zcash Longs Under Pressure

[lingriiddd]

Zcash (ZEC) flips the script—Long positions are now at risk:

A drop below $600 could trigger $123M in Long liquidations.

Total open interest reached $1.38B, highlighting heavy leverage and volatile potential.

ZEC’s Shielded Pool growth and analyst optimism push price toward $700+, but repeated rejections raise correction risks.

Traders holding Longs need stop-losses and take-profit plans, as a sharp pullback could trigger rapid liquidation.

[alex10]

ZEC longs getting squeezed again—liquidity hunts never get old.

[EmTeam]

Market pressure looks heavy; risk management is key here.