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Crypto whale buys 3,052 Zcash and opens $10.16M 2x leveraged long position

Market News
02 Nov 2026, 05:36 WIB
Tokenpost
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Bullish
Crypto whale buys 3,052 Zcash and opens $10.16M 2x leveraged long position

A crypto whale recently purchased 3,052 Zcash (ZEC), worth about $3.8 million, and simultaneously opened a 2x leveraged long position covering 8,000 ZEC valued at approximately $10.16 million. This combined activity indicates a strong bullish bet on Zcash by the whale, potentially signaling confidence in the coin's price increase. Such large leveraged positions can influence market sentiment and price movements in the short term.

Zcash trades at Rp23.093.283 on Pluang as of Nov 02, 2026 10:51 WIB, showing a 2.31% gain in one day. The market cap stands at Rp7,04 trillion with a 24-hour volume of Rp787,62 million. Typical holders keep ZEC for about 108 days on the platform, reflecting steady investor interest.

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