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Zcash price falls below $450 as whales take profits amid rising bearish sentiment

Market News
19 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Zcash (ZEC) has seen its price drop from $543 to around $447, with significant bearish momentum causing whales to close positions and take profits. Over $17 million in long positions were liquidated in three days, reflecting growing market weakness. The Long/Short Ratio indicates more traders are betting on price declines, and technical indicators suggest further downside risk, potentially pushing ZEC below $400. However, a surge in short positions could trigger a short squeeze if buying interest rises.

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