FeesSafety
Pluang+

Zcash soars 2,389%, pressuring $47M short sellers amid a decade-high rally

Market News
07 Sep 2026
Tokenpost
View Source
Bullish
Zcash soars 2,389%, pressuring $47M short sellers amid a decade-high rally

Zcash (ZEC) has surged 2,389% over the past year, reaching prices above $1,200 for the first time since 2016. This sharp rally has put significant pressure on major short sellers, including a trader holding a $47 million short position that faces liquidation if prices rise further. Despite losses, some short sellers have increased their bearish bets, but continued bullish momentum could force these positions to close. The rally highlights strong investor interest in privacy-focused cryptocurrencies and potential volatility ahead.

More News (ZEC)

Bitcoin steadies near $81,500 after volatile week; altcoins mixed amid rising oil prices.

Bitcoin steadies near $81,500 after volatile week; altcoins mixed amid rising oil prices.

Bitcoin stabilized around $81,500 after a week of large $3,000 price swings, showing its calmest trading in days. It dipped slightly below $82,500 support but remained mostly steady, while altcoins showed mixed performance with BNB and DOGE gaining a...

Market News
Neutral
4 hours ago
Zcash price drops 3.78% amid reduced derivatives exposure and volatile trading.

Zcash price drops 3.78% amid reduced derivatives exposure and volatile trading.

Zcash (ZEC) price fell 3.78% to around $1,225 on October 23 as traders reduced their derivatives exposure following a recent recovery. Futures open interest dropped 12.45% to $2.37 billion, signaling a decline in leveraged positions. Technical resist...

Technical Signals
Bearish
9 hours ago
Mixed flows in U.S. altcoin spot ETFs with XRP and HBAR seeing inflows, SOL and HYPE outflows on Oct 22, 2026

Mixed flows in U.S. altcoin spot ETFs with XRP and HBAR seeing inflows, SOL and HYPE outflows on Oct 22, 2026

On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...

Market News
Neutral
12 hours ago
Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

Crypto address cuts Zcash short by 6,475 tokens, booking $661K loss, then opens smaller short position.

A crypto address with $121.9 million in contract profits reduced its net short exposure in Zcash (ZEC) by 6,475.04 tokens between Oct. 21 and Oct. 22. It closed a short position worth about $11.4 million at an average price of $1,309.16, incurring a ...

Technical Signals
Bearish
14 hours ago
Zcash long position rises $9M with $23M cumulative profit on contract account

Zcash long position rises $9M with $23M cumulative profit on contract account

A contract account linked to address 0xbf732ea04197942783e34730ed6e0f6099575d58 increased its Zcash (ZEC) long position by approximately $9.08 million on Oct. 22 at an average price of $1,252.95. The account's total cumulative profit, including unrea...

Market News
Bullish
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App