【Crypto World】The market is quite interesting right now. Data from the end of December shows that a group of traders have accumulated significant long leverage on coins like Solana, Zcash, and Chainlink, but the trouble is—after entering January, these positions are all at risk of being liquidated.
The situation with SOL is the most tense. Last week, ETF fund inflows plummeted by 93%, leaving only $13.14 million invested, indicating what? Market enthusiasm for SOL is clearly waning. The already fragile long positions now resemble a sword hanging in the air.
ZEC tells a different story. It rose 70% in December, a substantial increase, but this also means profit-taking has accumulated. Most importantly, on-chain data shows that large holders are quietly reducing their positions. Under these circumstances, any adjustment could turn into a collective liquidation.
LINK faces pressure from rising exchange reserves. What does this usually indicate? A sign of sell-offs. When exchange reserves increase,