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A major Zcash holder boosted their long position by 3,875 tokens, adding $5M exposure.

Market News
06 Nov 2026, 05:38 WIB
Tokenpost
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Bullish
A major Zcash holder boosted their long position by 3,875 tokens, adding $5M exposure.

An investor significantly increased their Zcash (ZEC) long position by 3,875 tokens on November 4, raising their holdings to over 15,000 ZEC with an added exposure of about $5.07 million. This move occurred within a 58-minute window and valued the position at approximately $19.65 million at report time. The same investor had recently closed a 10,000 ZEC long position, realizing profits of around $21.29 million. This activity highlights strong confidence in Zcash's potential despite recent profit-taking.

While the investor's increased Zcash long position signals confidence, ZEC on Pluang trades at Rp23.096.601 as of Nov 06, 2026 11:01 WIB, down 3.10% in one day. This price is within a circulating supply of 16.3 million out of a total 21 million ZEC, representing 78% of the maximum supply. The market cap stands at Rp7,04 trillion, with a 24-hour volume of Rp787,62 million, showing active trading despite the recent price dip.

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