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 billion as the token surged above $1,000, supported by its new U.S. spot ETF and significant short liquidations. This shift indicates growing participation and leverage in altcoins but does not necessarily signal a permanent market leadership change, as Bitcoin remains the largest single crypto derivatives market. Investors should watch funding rates, spot volumes, and open interest trends to gauge market stability and potential liquidation risks.
On October 14, U.S. spot exchange-traded funds (ETFs) linked to XRP and Zcash (ZEC) recorded combined net inflows of $4.42 million, with Zcash ETFs leading at $3.68 million and XRP ETFs at $740,400. The Bitwise XRP ETF and Zcash ETF were the only fun...
Nearly $1 billion in cryptocurrency futures positions were liquidated within 24 hours amid falling prices for bitcoin, ether, and XRP. Ether traders faced the largest losses, with about $286 million in liquidations as ether dropped over 6% to around ...
In the past 24 hours, 80 of the 90 largest cryptocurrencies by market cap declined, with Pump.fun (PUMP) experiencing the steepest drop of 13.76% to $0.00436. Other notable losses included Zcash down 13.07% and Canton falling 12.75%. Meanwhile, only ...
Zcash (ZEC) experienced a sharp 3.32% price drop within one hour on Binance, falling from $1,138 to $1,100. During this period, liquidations of $2.22 million in long positions and $40,000 in short positions occurred across Binance, Bybit, and OKX exc...
Pyth Network surged 9.31% to $0.0869, leading crypto gainers due to growing interest in decentralized finance (DeFi) and demand for real-time data feeds. Meanwhile, Zcash dropped 10.53% amid market volatility and shifting investor sentiment, highligh...
