Garrett Jin, former BitForex CEO, withdrew 35,001 ETH from Binance in September 2026 to increase his short position on Zcash (ZEC) to about 37,760 ZEC, worth roughly $51 million. Despite currently facing over $25 million in unrealized losses due to ZEC's price rise, Jin maintains a significant buffer before liquidation. His aggressive trading style, including a prior $250 million loss on ETH and earlier profitable Bitcoin shorts, shows his willingness to take large risks. Jin's moves highlight how major traders use centralized exchanges like Binance for liquidity and decentralized platforms like Hyperliquid for active trading, affecting market dynamics and price movements.
As of September 17, 2026, 19:55 WIB, Zcash (ZEC) on Pluang trades at Rp24.176.387, showing a strong 1-day gain of +12.62%, contrasting with Binance Coin (BNB) which is up +2.53% at Rp12.945.278. ZEC's circulating supply is at 78% of its 21 million max, with a market cap of Rp7,04 trillion, while BNB maintains full circulation at 133.2 million tokens and a much larger market cap of Rp1.724,29 trillion. The notable price rise in ZEC aligns with the news of increased short positions, highlighting its volatility compared to BNB as of the latest Pluang data.
Blockchain investigator Specter tracked funds linked to the $12 million Triple-A hack and the Cryptobills Ledger incident moving into Zcash (ZEC). This follows a report by ZachXBT that Bitget attackers used Zcash to conceal stolen funds. Specter's mo...
Zcash (ZEC) fell nearly 6% ahead of the October 20 decision on its NU7 network upgrade, which aims to triple block production speed. The upgrade could reduce block confirmation times from 75 to 25 seconds and introduce a fee mechanism to improve tran...
Bitcoin traded near $81,500 on October 17 after a brief rebound toward $83,000 faded, reflecting a slight downturn in the crypto market which fell by 1% over 24 hours. Bitcoin's market cap stood at $1.63 trillion, making up less than 60% of the total...
Bitcoin saw the largest inflows and outflows among cryptocurrencies, attracting $27.32 million while also recording $18.63 million in withdrawals. Zcash ranked third in inflows with $11.19 million, behind Bitcoin and Ether. Other notable inflows incl...
Bitcoin fell slightly by 0.47% to $81,722, underperforming the broader crypto market which saw a 3.75% drop in total market capitalization to $2.76 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also declined, with ...
