ZEC: Summary of Valuescan community discussions (03:00:09 ~ 04:00:09)

[Extracting viewpoint materials] 1. The account "Mainstream Crypto Smart Money Whale" continues to hold long positions in ZEC, with the current position fluctuating between 6000 and 7500 ZEC. It has also made several small reductions in its position, indicating cautious operation under high-risk conditions. [src: @监测/Valuescan, 2026-02-11 03:49:36/#2144112；ref: window] 2. The risk of liquidation for ZEC long positions generally remains between 68% and 90%, with unrealized losses consistently exceeding $70,000 to $90,000, indicating significant market pressure on ZEC long positions and a substantial risk of capital drawdown. [src: @监测/Valuescan, 2026-02-11 03:48:58/#2144103；ref: window] 3. Funds are employing a high-frequency, small-amount reduction strategy in their long positions in ZEC, with reductions mostly ranging from 0.1% to 2%. This indicates that major funds are adjusting their positions to mitigate the risk of liquidation while maintaining a long position in ZEC. [src: @监测/Valuescan, 2026-02-11 03:48:58/#2144102；ref: window] 4. The average cost of ZEC long positions is concentrated around $231, while the liquidation price remains in the range of $24 to $77, indicating that the current price is far from the forced liquidation line, and there is some buffer space in the funds. [src: @监测/Valuescan, 2026-02-11 03:48:58/#2144103；ref: window] 5. The overall fund is in a high-risk state, with continuously widening unrealized losses, especially in the ZEC long position, where losses have exceeded $70,000, accompanied by multiple reductions in position size. This reflects market caution and adjustment signals regarding the ZEC long position. [src: @监测/Valuescan, 2026-02-11 03:48:04/#2144084；ref: window] 6. The margin call distance for ZEC long positions was repeatedly marked between 60% and 90%. When funds approached the margin call threshold, positions were reduced in batches to decrease risk exposure, reflecting a conservative money management strategy. [src: @监测/Valuescan, 2026-02-11 03:48:43/#2144096；ref: window] 7. Observations show that ZEC long positions have undergone slight adjustments at different points in time, and the reduction in positions is not significant, suggesting that funds still maintain confidence in ZEC long positions, but at the same time pay close attention to risk control. [src: @监测/Valuescan, 2026-02-11 03:48:35/#2144094；ref: window] 8. No large-scale liquidation of ZEC long positions occurred throughout the entire time window; instead, only small or medium-sized reductions were made, indicating that while maintaining a long position, funds gradually reduced position risk. [src: @监测/Valuescan, 2026-02-11 03:49:40/#2144114；ref: window] 9. The presence of long positions in ZEC alongside long positions in BTC and ETH indicates that major funds are employing a multi-currency, high-leverage long strategy. ZEC, as a key component of this strategy, is influenced by the overall long position movement. [src: @监测/Valuescan, 2026-02-11 03:49:10/#2144105；ref: window] 10. The reduction of ZEC long positions was concentrated during periods of high risk of liquidation. The frequent and meticulous reduction operations reflect dynamic risk management and position adjustments in a highly volatile market environment. [src: @监测/Valuescan, 2026-02-11 03:48:58/#2144103；ref: window] [Summarizing Key Clues (Optional)] - Major funds have maintained their long positions in ZEC and have reduced their positions in small amounts multiple times, indicating their cautious maintenance of ZEC long positions. - Long positions in ZEC carry a high risk of liquidation, with liquidation margins typically ranging from 60% to 90%. Funds are proactively reducing positions in batches to mitigate this risk. - The average cost of holding ZEC is about $231, and the liquidation price is relatively low. There is a certain gap between the current price and the liquidation price, which provides a buffer. - The overall capital is in a high-risk, loss-making state, with ZEC long positions experiencing continued losses and frequent position adjustments. - The ZEC long position runs parallel to the BTC and ETH long positions, forming part of a multi-currency high-leverage long strategy.