ZEC surges sharply in the market to $432. Can whale accumulation at lows break through the $500 threshold?

【CryptoWorld】ZEC performs strongly today, rebounding over 7% during the session and regaining the $432 level. Previously, developer personnel fluctuations triggered sell-offs, but it now appears to be an opportunity for buyers to step in.

On-chain monitoring data is quite interesting—large holders are gradually accumulating on dips, which is often a sign of a price reversal. The derivatives market also reveals clues: short liquidations reached $1.88 million, open interest increased by 12.76% week-over-week, now surpassing $1.01 billion. What does this data indicate? Market bullish sentiment is clearly warming up, and those holding bearish positions are being forced to exit.

From a technical perspective, if the key support level can hold, ZEC still has room for an upward breakout. Some analysts suggest that the psychological barrier of $500 might not be just a dream; the key is whether subsequent buying momentum can stay hot. Short-term volatility is inevitable, but the overall trend seems to be gradually recovering from panic.