A large Zcash (ZEC) investor increased their long position by about $12.62 million during a price pullback on September 28, buying roughly 8,017 ZEC. This raised their total holding to approximately 18,400 ZEC, with an average entry price dropping from $1,659 to $1,622. Despite the additional purchase, the position is currently at an unrealized loss of about $1.31 million. The buying activity started on September 27, following a price rise from around $1,445 on September 20, indicating confidence in a potential future price rebound.
The story about a Zcash whale increasing their long position provides context for readers interested in cryptocurrency market dynamics. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 28, 2026 17:02 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notably, EOS gained 8.13% to Rp12,649 with a typical hold time of 87 days, contrasting with BAT which dropped 8.06% to Rp1,603 and saw 96% sell orders, and KSM which fell 7.40% to Rp81,441 with a 62% sell order activity and typical hold time of 79 days.
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