Zcash (ZEC) surged above $1,200, leading to an estimated $25.7 million unrealized loss for a large short position on Hyperliquid opened at around $444 in July 2026. The same wallet holds a $107 million Bitcoin long with a $4.42 million unrealized profit, but funding fees reduce net gains. The ZEC rally is linked to rising institutional interest, including Grayscale's new ZCSH ETF launch. The short position remains open, and further price increases could deepen losses, while a pullback might reduce them.
Zcash (ZEC) saw a 3.62% price increase over four hours, rising from $1,293 to $1,340 by 4:02 p.m. ET on October 5. During the same period, short liquidations totaling $120,000 occurred across Binance, Bybit, and OKX, while no long liquidations were r...
Samson Mow, a Bitcoin maximalist, criticized Zcash's 1,000% year-to-date price surge as artificially inflated and unsustainable. He argues that the market lacks enough speculative capital to maintain Zcash's high valuation and expects a major correct...
Zcash has activated its NU7 network upgrade on the public testnet, reducing block times from 75 seconds to 25 seconds. This change aims to speed up transaction confirmations, benefiting point-of-sale payments, exchange deposits, and cross-chain bridg...
US spot Bitcoin ETFs attracted $241.1 million in net inflows last week, marking their third consecutive week of gains and lifting total inflows since launch to $57.8 billion. In contrast, Ether ETFs experienced $138 million in net outflows after a st...
Zcash has activated its NU7 network upgrade on the testnet as of October 4, initiating live testing of faster 25-second block intervals and a new Network Sustainability Mechanism that reallocates part of transaction fees to future block rewards. This...
