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Two wallets open $37.57M in 10x leveraged long positions on Zcash, betting on price rise.

Market News
21 Oct 2026
Tokenpost
View Source
Bullish
Two wallets open $37.57M in 10x leveraged long positions on Zcash, betting on price rise.

Two large cryptocurrency wallets opened leveraged long positions totaling 29,798 Zcash (ZEC), creating about $37.57 million in market exposure. These positions were opened over a 15-hour period ending early on October 21, with both wallets betting on a price increase in ZEC using 10x leverage. This means the traders' capital is magnified tenfold, increasing both potential gains and risks. The concentrated bullish bets indicate strong confidence in ZEC's price rising, but a decline would significantly impact these leveraged positions.

As of Oct 21, 2026 22:22 WIB, Zcash (ZEC) is trading on Pluang at Rp23.936.376 with a notable 1-day increase of 11.60%. The market cap stands at Rp7,04 trillion, reflecting strong investor interest. These figures highlight the significant market activity surrounding ZEC, complementing the reported large leveraged long positions.

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