FeesSafety
Pluang+

Zcash's privacy-first auction sells 8,000 encrypted identities at 1.5 ZEC each with 17,000 bidders.

Protocol Fundamentals
17 Sep 2026
Crypto Briefing
View Source
Bullish
Zcash's privacy-first auction sells 8,000 encrypted identities at 1.5 ZEC each with 17,000 bidders.

Zcash completed a 48-hour blind auction selling 8,000 encrypted digital identities at a uniform price of 1.5 ZEC each, attracting 16,971 bids totaling over 25,000 ZEC. The auction used privacy-focused zk-SNARK cryptography to keep bids and bidder identities confidential. These digital identities are intended for on-chain reputation and governance access, enabling private community participation. The auction also featured cross-chain bidding via NEAR Intents, allowing users with ETH, SOL, or stablecoins to participate seamlessly.

Zcash shows a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million on Pluang as of September 17, 2026, 23:42 WIB. The price of ZEC is Rp26.129.885, up 16.16% in one day, reflecting strong recent interest. The auction's success in selling 8,000 encrypted digital identities aligns with this momentum, highlighting growing demand for privacy-focused blockchain solutions.

More News (ZEC)

Zcash price drops 3.78% amid reduced derivatives exposure and volatile trading.

Zcash price drops 3.78% amid reduced derivatives exposure and volatile trading.

Zcash (ZEC) price fell 3.78% to around $1,225 on October 23 as traders reduced their derivatives exposure following a recent recovery. Futures open interest dropped 12.45% to $2.37 billion, signaling a decline in leveraged positions. Technical resist...

Technical Signals
Bearish
5 hours ago
Mixed flows in U.S. altcoin spot ETFs with XRP and HBAR seeing inflows, SOL and HYPE outflows on Oct 22, 2026

Mixed flows in U.S. altcoin spot ETFs with XRP and HBAR seeing inflows, SOL and HYPE outflows on Oct 22, 2026

On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...

Market News
Neutral
8 hours ago
Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

A crypto address with $121.9 million in contract profits reduced its net short exposure in Zcash (ZEC) by 6,475.04 tokens between Oct. 21 and Oct. 22. It closed a short position worth about $11.4 million at an average price of $1,309.16, incurring a ...

Technical Signals
Bearish
10 hours ago
Zcash long position rises $9M with $23M cumulative profit on contract account

Zcash long position rises $9M with $23M cumulative profit on contract account

A contract account linked to address 0xbf732ea04197942783e34730ed6e0f6099575d58 increased its Zcash (ZEC) long position by approximately $9.08 million on Oct. 22 at an average price of $1,252.95. The account's total cumulative profit, including unrea...

Market News
Bullish
13 hours ago
Zcash (ZEC) price drops 3.23% in one hour amid $1.44M long position liquidations.

Zcash (ZEC) price drops 3.23% in one hour amid $1.44M long position liquidations.

Zcash (ZEC) experienced a sharp price drop of 3.23% within one hour, falling from $1,279 to $1,237 on Binance's spot market. Over the past 24 hours, the price declined by 2.34%. During the same hour, liquidations of long positions across Binance, Byb...

Market News
Bearish
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App