Zcash (ZEC) has surged past $1,200, reaching a 30-day gain of 134% and a market cap of $20 billion. Garrett Jin, the largest short seller on Hyperliquid, opened a short position at $444 in July and is now facing an unrealized loss of $25.7 million as the price climbed sharply. The rise was partly fueled by Grayscale's conversion of its Zcash Trust into a U.S. spot ETF, boosting investor interest. Despite the losses, Jin's other assets have kept his position funded, and the market remains volatile with record open interest and ongoing short squeezes.
Zcash (ZEC) surged to an intraday high of $1,249, its highest since late 2016, marking a weekly gain of over 45% and lifting its market cap to $20.44 billion, making it the ninth-largest crypto asset. The rally is driven by institutional interest, in...
Zcash (ZEC) surged above $1,200, causing a major Hyperliquid trader to face approximately $25.7 million in unrealized losses on a short position of 32,760 ZEC opened at around $444 in July 2026. This sharp price increase, driven by growing institutio...
On September 6, 2026, the combined open interest in altcoin perpetual futures exceeded Bitcoin's for the first time since December 2024, driven by increased leveraged trading and a strong rally in Zcash. Zcash futures open interest rose to about $2.4...
Jupiter (JUP) surged 18.86% to $0.2670, leading crypto market gains due to growing interest in its blockchain solutions focused on data privacy and security. Other notable gainers included Zcash, Bittensor, NEAR Protocol, and Polkadot, while Pons and...
Matt Hougan, CIO at Bitwise Asset Management, identifies three key crypto investment themes: Bitcoin as a hedge against currency devaluation, Zcash for privacy features, and a long-term tokenization cycle involving Ethereum, Solana, and Uniswap. Bitc...
