Post
Deejah Rumah
The second truth: The liquidation wall at 1550 has shifted from "squeezing shorts" to "squeezing longs"
The most ironic part of this plunge is that the fuel behind ZEC's previous surge is exactly the reason for its current crash.
On September 18, about $20.4 million worth of short liquidation positions accumulated at $1550 on Hyperliquid for ZEC, more than four times the nearby liquidation walls. When the price broke through 1550, shorts were forced to buy to cover, triggering a short
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