
#ZEC38KShortClosed
About ZEC38KShortClosed
A Garrett Jin-linked address closed its entire ~38,000 ZEC short for a loss of over $35M. During market-order closing over ~1.5 hours, ZEC rose ~2.7% from about $1,490 to $1,530. The address had also reportedly held ~202,000 ZEC spot and did not sell it after closing the short, suggesting the position may have been partly hedged. The NU7 upgrade is scheduled for testnet on Oct 6, targeting mainnet on Nov 5. High funding rates and large leveraged positions may still amplify short-term volatility.
Hot
Latest
ZEC38KShortClosed Popular posts
A $38K ZEC short getting closed is a small trade compared with the whole market, but the timing caught my attention.
When a trader closes a short, it can simply mean they’re taking profit, cutting risk, or no longer expecting enough downside to justify keeping the position open. For me, the important part isn’t the $38K itself it’s whether we start seeing more traders making the same decision while ZEC continues to attract attention.
Personally, I’d still be careful about reading too much into one position. One short closing doesn’t automatically mean ZEC is about to rally. I’d rather watch spot demand, open interest, funding and whether the recent privacy narrative continues to bring real liquidity into the market.
ZEC has already surprised a lot of people recently.
Now I’m watching whether traders are simply reducing bearish bets or whether sentiment is genuinely starting to shift. 👀
#ZEC38KShortClosed $ZEC
Whale admits defeat and closes position, is a new round of ZEC rally about to start?
Key data has arrived.
Famous whale Garrett Jin has fully closed 38,000 short positions, with losses exceeding 35 million USD on this short.
Within 1.5 hours of closing the position, the price surged directly from 1490 to 1530, a short-term increase of 2.7%.
The key point: his 202,000 spot coins were not sold, #CryptoCapReclaims2.8T #ZEC38KShortClosed #TrumpGulfIranTalks
Insiders know this is not a random bounce.
$ZEC/USDT - LONG · Conf 95% 🟢
Trade Plan:
Entry: 1480.34 – 1488.20
SL: 1452.86
TP1: 1507.83
TP2: 1523.53
TP3: 1547.09
Why this setup?
- 1D trend: bullish.
- 15m RSI: 53.1.
Debate:
Where would you say this setup is invalidated?
#ZEC $ZEC $BTC
⚠️ Personal market analysis only. NFA - manage risk and DYOR.

$ZEC Market Watch
Zcash is finally showing some cooling after an explosive run.
ZEC crossed $1,500 on Sep. 19 before pulling back toward the $1.47K area.
This is exactly where I become more careful.
When an asset moves this quickly, profit-taking can be just as aggressive as the buying.
I’m watching whether ZEC can consolidate above the previous range.
Strong momentum doesn't mean every pullback is a buying opportunity.
$ZEC
Are altcoins still rotating?
The recent rally wasn't only about Bitcoin.
SOL had a major move, while XRP and other large-cap alts also participated. But Sunday's pullback shows that the rotation still needs confirmation.
This is what I’m watching:
BTC → market direction
ETH → broader participation
SOL → risk appetite
Alts → confirmation of rotation
If liquidity keeps spreading, the structure becomes more interesting.
If it retreats back into BTC, I’ll adjust accordingly.
$BTC $ETH $SOL
🔍 ZEC Ran 3x in a Month, Then Hit the Brakes
Top, or just catching its breath?
$470 to $1,575 in about four weeks.
Now cooling to $1,500.
That is not a coin dying. That is a coin breathing.
And this run has real fuel behind it, not vibes:
Grayscale's spot ZEC ETF, closing in on $1 billion in assets.
Paradigm disclosed a bag.
NU7 network upgrade locked for early November.
Plus a short squeeze pouring gas on the fire.
Riding the ETF story higher, or fading the parabola before it snaps? 👀
$ZEC

$ZEC Market Watch
Zcash is finally showing some cooling after an explosive run.
ZEC crossed $1,500 on Sep. 19 before pulling back toward the $1.47K area.
This is exactly where I become more careful.
When an asset moves this quickly, profit-taking can be just as aggressive as the buying.
I’m watching whether ZEC can consolidate above the previous range.
Strong momentum doesn't mean every pullback is a buying opportunity.
$ZEC

$ZEC $OKB
ZEC/USDT 1H: Price 1,490.41 is above MA5/10 and near MA20, with strong recent buying momentum.
Resistance: 1,492.37 → 1,500
Support: 1,478 → 1,451 → 1,425
A break above 1,492 could support further upside, while losing 1,451 may signal a deeper pullback.
10x leverage = high risk.
#OutcomesOnOrbit
#SandiskJoinsSP100
🚀 BTC Leads Crypto Market Rally
$BTC
$ETH
$SOL
Bitcoin bounced back to around $81,000 while most traders were still asleep. ETH rose about 5%, and SOL jumped more than 10% at one point.
Nearly $600 million in positions were liquidated, mostly short positions. Bitcoin and Ethereum ETFs also saw strong inflows of about $433M and $144M, showing that real spot buying is helping drive the rally.
#CryptoRecoveryBroadens
#GlobalRatesStayHigh
#SOLRallyGainsSupport

ZEC was sitting low at$ZEC 773.02 before buyers pushed it up!
After some ups and downs, it smashed past $ZEC1,200 and hit a huge high of $ZEC1,595.00.
Right now, it is holding strong around 1,543.09.
📈 Best All-Time Prediction:
If buyers keep up this momentum,
ZEC can easily break 1,618 (Upper Bollinger Band) and push toward 1,800 - 2,000+ soon!
A small drop to 1,425 support is also possible before the next big jump.


$ZEC $OKB
ZEC/USDT 1H: Price 1,490.41 is above MA5/10 and near MA20, with strong recent buying momentum.
Resistance: 1,492.37 → 1,500
Support: 1,478 → 1,451 → 1,425
A break above 1,492 could support further upside, while losing 1,451 may signal a deeper pullback.
10x leverage = high risk.
#CryptoRecoveryBroadens #UNI21%RallyOnSECRule

