Market Trends & Dynamics - Zcash funding turned negative after reaching 350% APR [1] - Long positions are now paying short positions to hold after a 250% monthly pump [1] - Binance has banned shielded transactions, which is a key feature for ZEC's value [1] Investment & Risk - A $21.1 million whale long position was liquidated at $398, while the current price is $580 [1] - When funding flips at 8-year highs, distribution is complete, suggesting a potential downturn [1] - Industry suggests to fade this, indicating a negative outlook [1]