Community Articles
via CoinDesk · By CoinDesk Staff
Zcash jumps 20% to landmark $1,000 level as short sellers lose $34 million
ZEC
ZEC/USDT
$1,012.21
+1.17%
$1,012.21
+1.17%
(24s)24h Volume
$3,310,322,745.05
24h H/L
$1,050.70 / $963.19
Change: $87.51 (9.09%)
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(10:40 AM UTC)
1 min read
Summary
- Zcash surged about 20 percent Friday, briefly topping $1,000 as its market value approached $17 billion.
- The rally liquidated about $36.6 million in leveraged positions, including $34.5 million in bearish bets, potentially adding momentum as traders bought tokens to close their shorts.
- Zcash has gained about 94 percent over the past month and more than 2,300 percent over the…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles
Zcash (ZEC) Crosses $1,000 for First Time Since 2018 as Market Cap Hits $17.18B
September 4, 2026 at 09:55 AM UTC
Zakura's Zakura Common Cuts Zcash (ZEC) Shielded Transaction Build Time to 200 ms
August 31, 2026 at 09:26 AM UTC
Grayscale Says Zcash (ZEC) Still Undervalued, Sees $8,109 in Bull Scenario
August 29, 2026 at 10:43 PM UTC