News linked to both this project and an event.
Odaily News: According to SoSoValue data, yesterday (U.S. Eastern Time, October 1), ZEC spot ETFs recorded a single-day total net outflow of $28.259 million.Yesterday, the Zcash ETF (ZCSH) saw a net outflow, with a single-day net outflow of $28.259 million, while its historical cumulative net inflow currently stands at $239 million.As of press time, the total net asset value of ZEC spot ETFs is $818 million, with a ZEC net asset ratio of 3.61%, and cumulative historical net inflows have reached $239 million.
According to Onchain Lens monitoring, a Hyperliquid trader holds a long position of 8,065 ZEC worth $11.38 million, with an entry price of $1,457.6, unrealized losses of $379,700, cumulative losses of $1.4 million, having paid $87,700 in funding fees, and a liquidation price of $1,363.9. Two hours ago, a ZEC position worth $3.11 million in this account was liquidated, resulting in a loss of $190,100.
Odaily reports: A wallet linked to the $387.5 million Bitget exploit transferred 2,746 ZEC into Zcash's Ironwood privacy pool on Wednesday across three transactions, worth approximately $3.9 million.The funds account for roughly 15% of the ZEC stolen on September 24. The Ironwood privacy pool can conceal the sender, recipient, and transfer amount, but investigators may still be able to trace the path of funds returning to public addresses through transaction timing and amounts. (CoinDesk)
链上侦探 ZachXBT 发文表示，Bitget 被盗事件中疑似朝鲜关联的攻击者已开始将约 2700 枚 ZEC（约 380 万美元）转入 Zcash 的 Ironwood 屏蔽池。Bitget 热钱包此前共被盗约 1.89 万枚 ZEC，价值约 2830 万美元。
According to Onchain Lens monitoring, a whale withdrew 2,640 ZEC from Binance two hours ago, worth approximately $3.72 million. Over the past month, this address has withdrawn a cumulative total of 14,190 ZEC from Binance and Gate, worth approximately $20 million.
According to Onchain Lens monitoring, a Hyperliquid whale closed multiple profitable long positions an hour ago, including $941,000 profit on an AAVE long, $400,000 on a ZEC long, $216,000 on a JUP long, and $47,000 on an ENA long. The cumulative profit reached $12.65 million.
Odaily Report: According to Lookonchain monitoring, ZEC has fallen more than 18% from its recent high. A whale opened a 5x leveraged long position on 4,135 ZEC on Aster DEX, worth $5.8 million, and currently has an unrealized loss of more than $450,000.
Odaily reports: According to Onchain Lens monitoring, a whale has been continuously accumulating and consolidating ZEC through multiple wallets over the past week. Its main wallet has received a cumulative total of approximately 41,700 ZEC, has transferred out approximately 18,700 ZEC, and holds a net position of approximately 23,000 ZEC, worth about $31.7 million. In the past 3 hours, another 4,200 ZEC was transferred into this main wallet, worth about $5.84 million.
According to Lookonchain monitoring, a whale sold 25,001 ZEC, worth $37.84 million. The whale bought these ZEC 2 months ago at an average price of $425, making a profit of over $27 million.
According to Onchain Lens monitoring, the address linked to Lee Goon Wang (0xf5629...) sold off approximately $22.96 million in spot ZEC across 1,740 transactions, realizing a loss of about $542,400. Data shows that the address's historical cumulative total profit still exceeds $7.44 million.
Odaily News: According to on-chain data monitoring, trader Lee Goon Wang just sold 15,000 ZEC via a limit sell order on Hyperliquid, worth approximately $23 million. The order price was $30 lower than the market price at the time, roughly 2% below.
Bitget CEO Gray Chen posted on X platform that following the security incident, on-chain tracking confirmed the attacker's address received a total of $387.5 million in assets, revised upward from the previously disclosed $351.6 million.Gray Chen stated that the revised amount incorporates Zcash and TRON assets that were not fully accounted for previously, and does not represent newly stolen funds. No unauthorized transfers have occurred since the incident, and the situation remains under control. Bitget has launched a Recovery Bounty Program, offering a 5% bounty to each party that voluntarily assists in freezing the attacker's funds or recovering the funds. The exchange has also launched a real-time tracking dashboard, an information submission portal, and an attacker address API, while supporting reports submitted through Bybit's Lazarus Bounty platform. Bitget is currently making full preparations to resume withdrawals, with a specific withdrawal plan to be announced before 4:00 AM (UTC) on September 26.
Odaily News — Digital asset management firm Grayscale's Zcash ETF (ZCSH) reached $1 billion in net assets as of September 24, with cumulative net inflows of $306.12 million, accounting for less than 30%. The fund began trading on NYSE Arca on August 25 and surpassed $500 million in assets within two weeks.ZCSH was renamed from Grayscale Zcash Trust, which was established in October 2017 and already held ZEC at the time of listing; meanwhile, the price of ZEC has roughly doubled since the ETF's listing, driving the fund's asset growth. On September 8, Grayscale's parent group DCG International Investments exchanged 85,705.32563297 ZEC for approximately $100 million in ZCSH shares. Excluding this non-cash transaction, external new capital amounted to approximately $200 million.Grayscale will implement a 3-for-1 forward split before market open on September 30, applicable to holders of record at the close of business on September 28. After the split, the net asset value per share is expected to drop to approximately one-third, the number of shares will triple, and the dollar value of holdings will remain unchanged. (Bitcoin.com News)
Odaily reports: According to on-chain analyst Ai Yi's monitoring, an address added to its BTC long position today and currently holds a 40x long position of 1,169.52 BTC, worth $98.15 million, with an entry price of $83,822.9 and current unrealized profit of $182,000; it also holds a 10x long position of 12,700 ZEC, worth $19.69 million, with an entry price of $1,217.84 and current unrealized profit of $4.231 million.
According to on-chain analyst Ai Yi, Bankless co-founder David Hoffman cleared his ETH position in May and accumulated VVV, NEAR, ZEC, HYPE, and LIT in June. To date, the gains on all the aforementioned tokens he holds have outperformed ETH over the same period, with LIT rising approximately 293%, while NEAR, ZEC, and HYPE have gained roughly 223%, 173%, and 106%, respectively. Hoffman recently reiterated his bullish outlook on the future trajectory of ZEC and NEAR.
Odaily reports: Privacy blockchain project Zcash plans to implement the NU7 upgrade, after which it will stop accepting the fourth version transaction format that allows spending of Sprout pool funds. If ZEC is not transferred out before the upgrade, holders may lose the ability to spend the related funds.The proposal will not destroy Sprout pool funds, and access may still be restored in the future. However, the proposal warns that funds remaining in the pool may also become permanently unspendable. Zcash co-founder Zooko Wilcox has reposted the related reminder.NU7 is scheduled to activate on the testnet on October 6, and Zcash is expected to decide on October 20 whether to activate on the mainnet on November 5 as planned. The upgrade will also shorten the target block time from 75 seconds to 25 seconds and maintain the network's halving cycle. (Cointelegraph)
Odaily News: According to on-chain analyst Yu Jin's monitoring, the Garrett Jin whale entity (0x92ea...50e9) closed a 1,333 BTC long position opened 3 days ago at $78,057, worth $112 million, 20 minutes ago. The closing price was $84,455, resulting in a profit of $8.38 million. This entity previously closed a ZEC short position early this morning. It currently has no positions on Hyperliquid, and the on-chain address still holds BTC, ETH, ZEC, and other spot assets.
On-chain analyst ZachXBT (@zachxbt) disclosed that the recently launched 10K PFP NFT project zkSNARKs on the Zcash chain is allegedly a rug pull. The project attracted a total of 16,971 bids via a blind auction, ultimately completing the allocation of 8,000 items at a clearing price of 1.5 ZEC (approximately $2,190). Total trading volume reached 25,305 ZEC (approximately $36.94 million), and refunds totaling 13,309 ZEC (approximately $19.43 million) have been progressively returned. ZachXBT noted that the project raised approximately $17 million, while incorporating a 10% team allocation, 5% royalties, and a minting fee of around $2,000, yet offered zero utility. This mirrors the typical "rug pull" strategy commonly seen in Ordinals-style projects.
The representative for "BTC OG Insider Whale," Garrett Jin, has sequentially posted two Binance ZEC (Zcash) spot withdrawal screenshots, accompanied by corresponding Zcash blockchain explorer links. Records show that on December 20, 2025, the account successively withdrew 134,000 ZEC and 68,076.23 ZEC from its Binance spot wallet, totaling approximately 202,100 ZEC. Valued at the current price of roughly $1,560 per ZEC, the holdings in this address are worth approximately $315 million.
According to on-chain analyst Ember (@EmberCN), the whale entity Garrett Jin sold all 35,000 ETH (approximately $87.5 million) withdrawn from Binance last night today at an average price of $2,500. The proceeds were used to add margin to their ZEC short position, which shows an unrealized loss of roughly $34 million, thereby substantially raising the liquidation price from $2,631 to $4,738. Ember also traced the entity's complete on-chain footprint: • Funding origin: Accumulated 100,784 BTC at an average price of ~$7,242 between May and June 2018; all subsequent operational capital was derived from BTC sales; • BTC to ETH conversion: Beginning in August 2025, over a six-month period, 89,000 BTC were sold at an average price of ~$114,000 to acquire 900,000 ETH at an average price of ~$4,300 (resulting in a cost basis above $3,500); these ETH tokens have been gradually transferred to Binance throughout the first half of 2026; • Largest liquidation on Hyperliquid: In February 2026, ETH dropped sharply from $3,000 to $1,800, leading to the liquidation of a $670 million ETH long position (213,000 ETH opened at $3,150), resulting in approximately $230 million in lost margin; • Trend Re