Zcash Outlook: $16M in Short Risk vs $8M Longs as $300 Support Retested

Derivatives data show about $16 million in potential short liquidations on Binance’s ZEC perpetuals versus roughly $8 million on the long side, signaling a bearish tilt. The article notes open interest has increased by nearly $50 million this week, while Nansen figures indicate the top 100 ZEC wallets lifted holdings by 4.21% during Thursday trading.