As of March 5th, ZEC (Zcash) is priced at $239.61, up 8.22% in the past 24 hours. Zcash, as the first privacy coin to utilize zero-knowledge proof technology, features fast transactions and low fees. Recent governance adjustments and the market recovery of privacy coins have driven its price increase and trading volume growth. Overall, ZEC is gaining more recognition in the market.

In the Hyperliquid privacy track, the holdings of the three major currencies ZEC, XMR, and DASH are currently all in floating losses. The largest long position in ZEC with 10x leverage is floating loss of $6.68 million, a loss of 294%; the XMR long position is floating loss of $350,000, a loss of 32%; the DASH long position is floating loss of $1.34 million, a loss of 414%.

February 24 News, Privacy coin Zcash (ZEC) has recently been under continuous pressure, with a total decline of over 20% in the past 7 days. As of press time, the price of Zcash is approximately $231, down 28% from this month's high and more than 50% lower than at the beginning of the year. Against the backdrop of waning risk appetite in the crypto asset market, combined with technical and fundamental factors, market participants remain cautious about ZEC's future trajectory. On the fundamental side, the Electric Coin Company development team previously resigned collectively due to governance disputes with the non-profit organization Bootstrap. Although the incident did not lead to a blockchain fork, and the protocol layer operation of the ZEC token was not directly impacted, organizational uncertainty has weakened investor confidence in the ecosystem's long-term development.

Hyperliquid early contributor Loracle opened a ZEC long position with 10x leverage on February 15, with a size of $8.5 million, becoming the largest on-chain long position. Currently, ZEC price has fallen to $237, resulting in a 316% loss. He has begun reducing his position, with holdings now down to $1.14 million.

According to BlockBeats, early contributor Loracle holds long positions in PAXG, HYPE, and ZEC on the Hyperliquid platform, with a total size of $63.2 million, currently with a floating profit of $6.7 million. Although the PAXG holdings have incurred losses due to the decline in gold prices, he still plans to increase his HYPE holdings and add to his ZEC position.

Gate News Bot Message, February 14th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $278.46, up 19.28% in the past 24 hours, with a high of $280.56 and a low of $221.48. The 24-hour trading volume reached $474 million. The current market capitalization is approximately $4.604 billion, an increase of $744 million from yesterday. Zcash is the first cryptocurrency to develop zero-knowledge encryption for private peer-to-peer payments, using end-to-end encryption technology to protect user privacy. ZEC is a digital cash with features such as fairness, openness, privacy protection, and user control. Zcash is available in trusted global digital wallets and high-quality exchanges, making it an ideal choice for daily private payments and long-term storage. ## Important recent news about ZEC: 1️

February 13 News, Privacy-focused cryptocurrency Zcash has recently come under significant pressure. In the past 24 hours, its price has dropped by approximately 7%, and over the past week, large holders' holdings have decreased by about 38%, triggering strong concerns about the medium-term trend. Although the asset still rebounded by around 5.8% within a week, the monthly decline has exceeded 40%, with volatility significantly amplified. On-chain data shows that although there was a brief net outflow of funds on February 12, indicating some low-level accumulation, subsequent inflows of tokens related to exchanges continued to increase, suggesting that more Zcash is moving from private wallets into circulating addresses. This structural change is often interpreted as a potential sell pressure signal. Meanwhile, the top 100 addresses still control about 70% of the total supply, indicating a high concentration of holdings, which makes the price more susceptible to large holder actions.

February 11 News, privacy cryptocurrency Zcash (ZEC) continues to weaken amid rising market risk aversion, with a decline of over 25% this month. In January, ZEC plummeted more than 41%, continuing its downward trend since 2026. As of press time, ZEC is priced at approximately $227.22, down another 4.29% in the past 24 hours. Looking back at its trend, ZEC once surged over 440% in October 2025 against the trend, becoming one of the few strong assets at that time. Despite volatile fluctuations in November and December, it ultimately closed slightly higher. However, after entering 2026, global risk assets came under pressure, coupled with rumors of Electric Coin Company (ECC) parting ways with Bootstrap, which significantly cooled market sentiment and led to continuous selling pressure on ZEC.

Zcash (ZEC) has plummeted approximately 60% from its peak in November 2025. Cypherpunk Technologies has not increased its holdings since December last year and currently holds 290,062.67 ZEC, targeting 5%. The current trading price of ZEC is about $245, with an unrealized loss of $25.73 million. In contrast, other major digital assets are still being increased.

Gate News bot message, the whale trader known as "255 $BTC Sell to Short" has incurred significant losses. The trader closed short positions in $ETH, $XRP, $ZEC, $SOL, and $BTC, resulting in losses exceeding $31.4M. The trader's portfolio has shifted from a profit of $25.5M to a loss of over $30M. C