One early holder known as Monk quietly walked away from a $ZEC Hide worth over $24 million after riding a near-24x run in a single year. Hours later, whales got caught offside as two big $ZEC longs were fully liquidated in minutes.
Traders are now calling privacy coins the sector to watch in 2026, with ZEC leading the pack.
This Zcash price prediction looks at whether the pullback is a buying window or a warning sign.
Market data was checked on September 11, 2026, at 11:08 UTC
Metric | Value |
Price | $1,071.39 |
24h Change | -14% |
Market Cap | $17.97B |
FDV | $22.4B |
24h Volume | $1.76B |
Vol/Mkt Cap (24h) | 9.78% |
Total Supply | 16.86M |
Max Supply | 21M |
Circulating Supply | 16.86M |
Source: Data from CoinMarketCap as of September 11, 2026, at 11:08 UTC Figures may vary slightly across other tracking websites.
Liquidations (Futures)
Window | Total | Long | Short |
1h | $350.64K | $299.59K | $51.04K |
4h | $2.51M | $2.01M | $501.00K |
12h | $20.29M | $18.04M | $2.25M |
24h | $28.12M | $24.56M | $3.56M |
Longs took the brunt of it, accounting for nearly 90% of the 24h liquidation total, which lines up with the sharp drop in the tracker data above.
Source: Data From CoinGlass
Futures Volume by Exchange: Binance ($2.94B), OKX ($1.54B), LBank ($956.66M), Hyperliquid ($600.12M), Bybit ($566.67M), MEXC ($470.01M), and smaller volume across Gate, Bitget, WhiteBIT, and KuCoin.
On-chain tracker Lookonchain flagged that as $ZEC dropped, two large ZEC long positions were fully liquidated for a combined 3,848.5 ZEC, worth roughly $4.33 million at the time. 
Source: Data From X
This matches the spike visible in the 4h liquidation data above.
Crypto news account BSCN reported that an early contributor known as Monk, holding a wallet tagged @ShieldedMonk, moved roughly 19,831 ZEC worth over $24 million at the time of posting.
The tweet cited ZEC being up nearly 24x over the past year with a market cap around $20.6 billion.
Source: Data From BSCN
These figures are a few hours old and higher than the current snapshot above, so treat them as a point-in-time estimate rather than current pricing.
A widely shared tweet from Whale Factor named privacy coins as one of nine sectors with its own leaderboard this year, listing $ZEC alongside XMR, ZEN, SCRT, and ALEO as the tokens to watch. 
This is a social media claim and hasn't been independently verified, but it reflects growing trader attention on the privacy sector.
Pair: ZEC/USD · Market: Spot (Crypto, aggregated) · Timeframe: 4H · Source: TradingView · Timestamp: September 11, 2026, 01:08 UTC-3
ZEC is trading at $1,071.39, cooling off after a straight rally that pushed the price from under $500 to above $1,200 in a matter of weeks.
Price has since pulled back toward the $1,000.89 zone, and RSI has eased to 37.23 from a recent high near 56.64, pointing to fading momentum after the surge.
The key is to watch whether the price holds the trendline or breaks below it. Be prepared for either move and keep the key support and resistance levels in focus. 
Level Type | Price |
Resistance 3 | $1,592.74 |
Resistance 2 | $1,232.69 |
Resistance 1 (nearest) | $1,157.45 |
Immediate Price Reference | $1,071.39 |
First Confirmed Support | $1,000.89 |
Deeper Support | $888.43 |
Structural Floor | $795.28 |
Bull case: Holding above $1,000.89 keeps the broader uptrend intact, and reclaiming the EMA 20 at $1,096.61 would suggest the pullback is just a breather.
A clean move through $1,157.45 opens the door toward $1,232.69 and eventually the $1,592.74 zone.
Bear case: A close below $1,000.89 would put the recent breakout structure at risk. Losing $888.43 would expose $795.28 as the next real test, especially if liquidation-driven selling continues.
Scenario | Level | What It Means |
Bullish trigger | Reclaim $1,096.61 | EMA 20 flips back to support |
Bullish confirmation | Break $1,157.45 | Opens path to $1,232.69 |
Bearish trigger | Close below $1,000.89 | Pullback turns into a deeper correction |
Bearish confirmation | Break $888.43 | Exposes $795.28 |
$1,592.74 is the highest level on the chart.
Getting there would need ZEC to first reclaim the EMA cluster near $1,096.61 to $1,155.74, clear $1,157.45, then push through $1,232.69, a multi-step climb rather than a single move.
According to CoinGabbar analysts, The size of the pullback and the liquidation data both point to leveraged longs, not spot sellers, driving this move.
ZEC's broader trend stays bullish above $1,000.89, but a close below that zone would shift the near-term picture from cooldown to correction.
Crypto moves fast, and ZEC just proved that in a single session. Nothing here is financial advice, just a read of the numbers as they stood at the time of writing, so do your own homework before acting on any of it.