ZEC gained 6.83% over 24 hours, while short liquidations reached $5.03 million across Binance, Bybit and OKX during the same hour.
ZCSH posted its first negative week since late August, while cumulative net inflows remained positive at approximately $212.56 million.
Zcash was up 1.53% over 24 hours at 5:18 p.m. ET on Oct. 11, while $840,000 in long positions were liquidated during the hourly drop.
Will ZEC hold above $1000 ahead of extra macro volatility
ZEC climbed from $1,241, while short liquidations across Binance, Bybit and OKX totaled $3.59 million versus $10,000 in long liquidations.
ZEC was up 2.21% over 24 hours at 11:58 a.m. ET on Oct. 11.
Zakura, a Zcash full node developer, says it expects hash-based signatures to land in Zcash in January, and is rolling out a privacy tool for rotating transparent addresses this week.
A year ago, the top 10 non-stablecoin cryptocurrencies looked very different. Three coins have pushed their way in, and two older names have dropped out.
Zakura client developers have set a target for January 2027 to introduce hash-based signature opcodes, though the final mainnet activation date has not yet been officially confirmed. 70% of Zcash (ZEC) supply is currently held in transparent addresses, making them the primary beneficiaries of this upgrade.
Winklevoss Asset Services applied to the SEC for a spot ETF on Zcash on October 6, 2026, planned for the Nasdaq under the ticker WINK and with a 0.25 percent fee. For portfolios in Germany the fund stays blocked, and the decisive date sits in EU anti money laundering law.
Zcash (ZEC) is targeting a structural recovery toward $1,650 following a sharp rebound off its $1,150 buy zone and backed by stable macro conditions and the upcoming mainnet rollout of the NU7.
ZEC traded near $1,213 on Oct. 9 after falling toward $1,100, while its next network upgrade reached public testnet and a proposed ETF remained preliminary.