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Trader loses $10.68M shorting Zcash as token surges 178% in a month

Market News
19 Sep 2026
BeInCrypto
View Source
Bullish
Trader loses $10.68M shorting Zcash as token surges 178% in a month

Zcash (ZEC) surged 177.8% in one month, causing heavy losses for traders betting against it. One trader closed a short position with a $10.68 million loss after 26 consecutive wins and an 89% success rate. Another trader holds the largest short position underwater by $33.87 million. Institutional and retail buying, including $98.2 million inflows into Zcash ETFs, fueled the rally. The token now trades near $1,563 with strong market interest and large leveraged positions still active, making future price moves closely watched by traders.

Zcash (ZEC) trades at Rp27,053,276 on Pluang, up 3.65% as of Sep 19, 2026 21:32 WIB, showing continued strength after its recent surge. The token’s market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million, indicating active investor interest. This aligns with the news of heavy short losses and strong buying pressure, highlighting ZEC’s high market engagement and volatility.

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