FeesSafety
Pluang+

Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

Technical Signals
22 Oct 2026
Tokenpost
View Source
Bearish
Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

A crypto address with $121.9 million in contract profits reduced its net short exposure in Zcash (ZEC) by 6,475.04 tokens between Oct. 21 and Oct. 22. It closed a short position worth about $11.4 million at an average price of $1,309.16, incurring a loss of approximately $661,300. Subsequently, the address opened a new short position valued at around $2.94 million at an average price of $1,313.63. These trades occurred over several hours from the evening of Oct. 21 to early morning Oct. 22. The loss applies only to the closed portion of the ZEC short, while the profit figure reflects the overall contract account performance.

Zcash (ZEC) is trading at Rp21,952,246 on Pluang as of Oct 23, 2026 08:21 WIB, showing a 1-day decline of 8.70%. The market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million. The typical holding period for ZEC on Pluang is 107 days, indicating medium-term investor interest amid recent short position adjustments.

More News (ZEC)

Zcash long position rises $9M with $23M cumulative profit on contract account

Zcash long position rises $9M with $23M cumulative profit on contract account

A contract account linked to address 0xbf732ea04197942783e34730ed6e0f6099575d58 increased its Zcash (ZEC) long position by approximately $9.08 million on Oct. 22 at an average price of $1,252.95. The account's total cumulative profit, including unrea...

Market News
Bullish
6 hours ago
Zcash (ZEC) price drops 3.23% in one hour amid $1.44M long position liquidations.

Zcash (ZEC) price drops 3.23% in one hour amid $1.44M long position liquidations.

Zcash (ZEC) experienced a sharp price drop of 3.23% within one hour, falling from $1,279 to $1,237 on Binance's spot market. Over the past 24 hours, the price declined by 2.34%. During the same hour, liquidations of long positions across Binance, Byb...

Market News
Bearish
10 hours ago
Tristan Thompson buys Bitcoin daily, targets $110K year-end price, expands mining and token trading activities.

Tristan Thompson buys Bitcoin daily, targets $110K year-end price, expands mining and token trading activities.

NBA player Tristan Thompson is actively buying Bitcoin every day and pursuing acquisitions of mining facilities and data centers. He remains bullish on Bitcoin, calling it "digital gold" and comparing it to a retirement savings account. Thompson also...

Market News
Bullish
14 hours ago
Winklevoss twins highlight Zcash's privacy edge amid AI blockchain analysis advances

Winklevoss twins highlight Zcash's privacy edge amid AI blockchain analysis advances

Cameron and Tyler Winklevoss emphasized Zcash's privacy features as increasingly valuable due to AI's growing ability to analyze public blockchain data. Unlike Bitcoin's fully transparent transactions, Zcash offers optional shielded transactions that...

Market News
Bullish
14 hours ago
Zcash (ZEC) drops 2.25% in an hour but gains 2.76% over 24 hours amid $1.13M long liquidations.

Zcash (ZEC) drops 2.25% in an hour but gains 2.76% over 24 hours amid $1.13M long liquidations.

Zcash (ZEC) experienced a 2.25% price drop within an hour ending at 10:30 p.m. ET on October 21, falling to $1,298 on Binance's spot market. Despite this hourly decline, ZEC's price was still up 2.76% compared to 24 hours earlier. During the same hou...

Market News
Bearish
14 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App