ZEC Price Action Stays Strong as Whale Buying Absorbs Retail Short Pressure

• ZEC price action shows impulsive gains and tight consolidation, signaling acceptance at higher levels as supply is absorbed by stronger participants overall.

• Retail traders maintain net selling pressure while price remains stable, indicating their orders are absorbed and used as liquidity by larger participants.

• Mid-sized and whale wallets drive positive volume delta, confirming sustained accumulation that defines control and supports ongoing trend structure across multiple sessions.

ZEC price action remains in focus as market participants assess recent strength amid contrasting behavior across wallet sizes. Trading data shows persistent buying pressure absorbing retail selling, shaping a market structure that continues to hold near recent highs.

Price Structure Shows Acceptance Near Highs

Recent ZEC price action reflects an impulsive advance followed by controlled consolidation on lower timeframes. Price moved decisively from the $395 region toward $460–470, with limited retracement and strong directional candles.

The consolidation phase has remained tight and orderly, suggesting supply is being absorbed rather than released. Higher lows continue to form, and downside expansion has not materialized during pauses in momentum.

This structure aligns with re-accumulation behavior within an established uptrend. As long as price remains above prior breakout areas, market balance continues to favor upward continuation.

Retail Selling Persists Against Trend

A recent post by ArdiNSC on X described sustained retail selling during the advance. Small-order cumulative volume delta remains deeply negative, reflecting consistent net selling from 0–1k order sizes.

$ZEC / Zcash

Retail has been fighting a losing leverage war for the last few days on $ZEC.

While they have been trying to aggressively short this recent pump, mid-sized and whale-sized wallets are aggressively consuming those orders and causing a retail-based short squeeze.… pic.twitter.com/qPPd1BEmqo

— Ardi (@ArdiNSC) December 12, 2025

Despite this pressure, ZEC price action has remained resilient, indicating efficient absorption by larger participants. Retail traders appear positioned against the prevailing move, often attempting shorts during consolidation.

Such conditions typically transfer inventory from weaker hands to stronger holders. Continued price stability amid retail selling points to exhaustion rather than growing downside conviction.

Whales and Mid-Sized Wallets Control Flow

Mid-sized wallets, ranging from 1k to 100k, have shown steady positive delta. Their buying has tracked price strength, confirming directional participation beyond short covering.

Large wallets between 100k and 10M have displayed the strongest activity. According to the same tweet, whale accumulation exceeded $163 million, forming a substantial demand base beneath current levels.

This alignment between mid-sized and large participants reinforces control by experienced capital. ZEC price action continues to reflect this dominance, as selling pressure fails to disrupt the broader structure.

Market behavior now centers on whether this demand persists through future tests. For now, order flow data suggests dominant players remain engaged while retail liquidity continues to be absorbed.