Whales are betting big on Zcash, and a network upgrade is on the calendar. Two wallets reportedly opened 10x long trades worth $37.57M, while the price climbed back above its key trend lines.
Does this point to a bigger rally? That is not confirmed. This Zcash price prediction checks both stories against liquidation data and the daily chart, then maps the levels that matter next.
Market data checked on October 21, 2026, at 16:58 IST.
Metric | Value |
Price | $1,284.58 |
24h Change (current daily candle) | +12% |
Candle Range | $1,250.51 – $1,293.97 |
Lookonchain posted. It says 2 whales, meaning very large traders, opened 10x long positions on 29,798 ZEC, worth $37.57M, over 15 hours.
A long is a bet that the price will rise, and 10x means the trader holds ten times their own capital through borrowing.
CoinGabbar could not independently verify the positions.
A post on X says Zcash developers have targeted November 5 for the NU7 upgrade, pending final implementation. It would cut block times, the gap between new blocks, from 75 seconds to 25 seconds.
Source: Data From X
It would also temporarily remove 60% of transaction fees from circulation, and the mining reward halving schedule would stay the same.
The post adds that the activation height, the block number where the upgrade turns on, still has to be added to node software.
CoinGabbar could not independently verify these details, so treat the date as a target.
A liquidation happens when an exchange force-closes a leveraged trade because the trader can no longer cover losses. Coinglass shows these ZEC totals:
Window | Total Liquidated | Long | Short |
1h | $203.30K | $4.56K | $198.74K |
4h | $521.43K | $86.23K | $435.20K |
12h | $2.82M | $355.67K | $2.46M |
24h | $14.60M | $2.17M | $12.43M |
Source: Data From CoinGlass
Shorts, which bet on a fall, took about 85% of the $14.60M liquidated over 24 hours. That fits a price that has been climbing.
Coinglass futures volume leads with Binance at $2.13B, then MEXC at $1.60B, OKX at $1.50B, Bybit at $419.41M and Hyperliquid at $407.14M. The screenshot does not show the time window.

ZEC has moved above the upper line of a falling channel. The daily candle opened at $1,255.80 and now sits at $1,284.58, just under the $1,303.55 level. This is an early move, not a confirmed trend change.
An EMA, Price is above both lines, and the 20 EMA $1,238.32 sits above the 50 EMA $1,188.16. That supports the bounce, but the nearest resistance is the key test.
Type | Level |
Immediate support | $1,200.01 |
Deeper support | $1,047.51 |
Nearest resistance | $1,303.55 |
Higher resistance | $1,500.36 |
Further resistance | $1,700.00 |
Highest marked level | $2,000.00 |
Bull case: A daily close above $1,303.55, with price holding over $1,200.01, would show buyers in control, with $1,500.36 next.
Bear case: A close below $1,200.01 would put the EMA zone at risk and open a move toward $1,047.51.
Scenario | Trigger | Likely Outcome | Invalidation |
Bull | Close above $1,303.55 | Move toward $1,500.36 | Close below $1,200.01 |
Base | Range between $1,200.01 and $1,303.55 | Sideways base forms | Break of either level |
Bear | Close below $1,200.01 | Slide toward $1,047.51 | Reclaim of $1,200.01 |
It would take a gain of about 56% from $1,284.58, and ZEC would need to pass $1,500.36 and $1,700.00 first. Neither the whale longs nor the NU7 date is verified, and neither guarantees a rally.
The picture is cautiously constructive: the price is above both EMAs but still under $1,303.55. Watch whether ZEC holds $1,200.01 on the next pullback.
This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving $ZEC.