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Zcash surges past $1,000, triggering a 562% liquidation imbalance in a sharp short squeeze.

Market News
06 Sep 2026, 00:37 WIB
UToday
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Bullish
Zcash surges past $1,000, triggering a 562% liquidation imbalance in a sharp short squeeze.

Zcash's price jumped from $805 to over $1,000, reaching $1,051 on September 4, 2026, driven by a strong rally that forced short sellers out of leveraged positions. This caused a 562% liquidation imbalance with $13.24 million liquidated, mostly from short positions. The rally, part of a longer upward trend since October 2025, is supported by technical improvements and institutional interest, including a new Zcash ETF on NYSE Arca and significant purchases by Digital Currency Group. Zcash's market cap now stands at about $17.25 billion, ranking it as the 10th-largest crypto asset by market value.

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