ZEC fell from $1,594 over four hours and was down 2.16% over 24 hours at 1:32 p.m. ET on Sept.
ZEC was up 3.66% over 24 hours at 11:22 a.m. ET on Sept.
Zcash is holding near $1,550 while the broader crypto market cools, preserving a bullish structure across daily and hourly timeframes. Daily RSI near 67, positive MACD and price above key moving averages keep the $1,714 upper Bollinger Band target in focus.
Grayscale announced that its Zcash ETF surpassed $1 billion in assets under management one month after its listing on NYSE Arca. Cumulative net flows as of September 24 were $306.12 million, less than 30% of the total; the rise in ZEC's price accounted for the rest.
Researchers published a 56-page specification for Zcash-style private Bitcoin transfers, hiding sender, receiver, and amount. The protocol, called Shielded Bitcoin, uses zero-knowledge proofs and encrypted notes, and requires no changes to the network's consensus rules.
The token remained up 6.10% over 24 hours, while long liquidations reached $300,000 during the same hour.
Zcash (ZEC) was up 8.79% over 24 hours at the snapshot, while short liquidations reached $2.37 million during the same one-hour window.
The cluster sold 139,600 ZEC for about $111 million before the tokens were valued at roughly $223 million at the time of publication on Sept. 25.
The address bought 7,882.7 Zcash (ZEC) at an average price of $1,545.26 after closing its previous position for a $2.03 million gain.
Grayscale's Zcash (ZEC) ETF held $1 billion in net assets Sept. 24, while cumulative net inflows totaled $306.12 million.
Grayscale says its Zcash exchange-traded fund (ETF) has passed $1 billion in assets one month after listing, but its flow data shows ZEC's price did most of the work. The Milestone, in One Tweet “$1B in AUM,” Grayscale posted late Thursday, referring to its ZCSH offering as “the world's first Zcash fund.
ZEC gained 3.78% over 24 hours, while short liquidations reached $710,000 during the same hour.