Five wallets opened $72 million in short positions on Zcash (ZEC) futures three days before a critical privacy bug was publicly disclosed, causing a 12-13x spike in trading volume on Hyperliquid. When the vulnerability was revealed on May 29, ZEC's price plunged 38-45% within 24 hours, allowing these wallets to gain about $3.43 million. The bug, present since 2022, affected Zcash's zero-knowledge proof system, undermining its privacy features. An emergency hard fork patched the flaw, but the incident raises concerns about possible insider knowledge or undisclosed private research in decentralized markets.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
ZCash (ZEC) surged 13.85% on July 14 and continued rising by 1.6% the next day, breaking through key resistance levels at $500 and $560. This follows a recovery from a critical vulnerability discovered in May that caused a sell-off. Technical indicat...
ZCash (ZEC) rallied over 11% in 24 hours, driven mainly by $12.75 million in short liquidations and a shift in funding rates favoring bulls. The price broke above a key resistance at $538, suggesting a potential rise to $626 if it maintains this leve...
Zcash (ZEC) is showing a strong bullish technical setup with a cup-and-handle breakout pattern suggesting a potential 45% price increase to around $780. The key support level to watch is $540; holding this level supports the bullish outlook, while a ...
