An unidentified wallet boosted its short position in Zcash (ZEC) by 8,398.37 tokens, raising the total short holding to 21,144.6 ZEC. The wallet's contract account has accumulated about $142 million in cumulative profit. During the same period, the account opened new short positions worth roughly $10.67 million and closed positions valued at around $30,000. This activity highlights significant bearish bets on Zcash by this particular wallet, which could influence market sentiment but does not represent the entire market exposure.
As of Nov 05, 2026 05:51 WIB, Zcash (ZEC) is trading at Rp23.889.754 on Pluang, showing a 7.55% increase in the past day. Despite the significant short positions highlighted in the news, Pluang data indicates that all order activity for ZEC is currently sell orders, with a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million. The circulating supply stands at 16.3 million ZEC, with typical hold time on Pluang at 108 days.
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