ZEC whale opens $9.57M 10x long on 17,137 ZEC as $542 support faces a key test
A whale trader opened a 10x leveraged long on 17,137 ZEC valued at about $9.57M, setting take-profit levels from $545 to $740 with liquidation near $537.56. ZEC has been consolidating above $542 after a rejection near $700, while exchange data showed another $1.30M in ZEC leaving exchanges in the latest session. Binance top-trader positioning leaned bearish, with 67.37% short vs 32.63% long, a setup that could raise squeeze risk if price retests $700–$740.