In this paper, we propose a parallel LDPCA encoding method for fast transform-domain Wyner-Ziv video encoding which is suitable in an ultra fast and low power video encoding. The conventional transform-domain Wyner-Ziv video encoding performs LDPCA channel coding of quantized transform coefficients in bitplane-serial fashion, which takes about 60% of total encoding time, and this computational complexity becomes severer as the bitrate increases. The proposed method binds several bitplanes into one packed message and carries out the LDPCA encoding in parallel. The proposed LDPCA encoding method improves the encoding speed by 8 ~ 55 times. In the experiment, the proposed Wyner-Ziv encoder can encode 700 ~ 2,300 QCIF size frames per second with GOP=64. The method can be applied to the pixel-domain Wyner-Ziv encoder using LDPCA, and has a wide scope of application.