How Has ZEC's Recent Price Surge Affected Its On-Chain Metrics and Exchange Flows?

This article analyzes the significant impact of Zcash’s (ZEC) 20% price surge on its on-chain metrics and exchange flows. Key insights include increased exchange net inflows valued at $72.43 million on Gate, mushrooming institutional interest, and strategic whale movements, particularly on Hyperliquid. It highlights the strategic withdrawal of ZEC from exchanges, signifying investor confidence in privacy coin technology and positive long-term value trends. The piece is essential for traders and investors seeking to understand market dynamics and ZEC’s emerging growth potential.

Exchange net inflows surge as ZEC price rises 20% in 24 hours

Zcash (ZEC) has experienced a remarkable surge in the cryptocurrency market, with prices increasing approximately 20% within a 24-hour period. This dramatic price movement has coincided with significant exchange net inflows, indicating strong buying pressure and renewed market interest. ZEC reached a multi-year high, surpassing the $500 threshold for the first time in several years, with trading prices reported near $514-$585 based on recent market data.

The surge in exchange activity is evidenced by the substantial net inflows recorded across trading platforms:

Metric Value
24-hour price increase 20%
Net inflow $72.43 million
Trading volume $4.99 billion
Current price ~$585
Market capitalization $9.53 billion

Institutional interest appears to be a key driver behind this dramatic price action, with trading volumes exceeding $4.7 billion in a single day. The privacy-focused cryptocurrency has demonstrated impressive momentum beyond this short-term spike, achieving a cumulative increase of approximately 700% on an annual basis according to market reports.

ZEC's recent performance has catapulted it into the cryptocurrency market's top rankings, currently positioned at #14 by market capitalization. This revival marks a significant turnaround for what many had considered a forgotten privacy token, now commanding renewed attention from traders and investors alike.

Whale activity increases with 55,000 ZEC long position on Hyperliquid

In 2025, the cryptocurrency market witnessed remarkable whale activity on Hyperliquid, particularly regarding Zcash (ZEC). A significant development emerged with a whale establishing a massive 55,000 ZEC long position, valued at approximately $33.89 million. This strategic move demonstrates growing institutional confidence in Zcash's potential in the privacy coin sector.

The position has seen notable profit-taking and leverage manipulation, reflecting sophisticated trading strategies employed by large-scale investors. Data from on-chain analysis reveals this whale has been actively managing this position through various market conditions:

Position Details Value
Position Size 55,000 ZEC
Current Value $33.89 million
Leverage Type Rolling with profit-taking
Market Rank Largest ZEC position on Hyperliquid

This whale activity coincides with Zcash's broader market performance, where the coin has demonstrated remarkable growth. The increasing interest in privacy-focused cryptocurrencies and zero-knowledge technology adoption has likely contributed to this strategic long position. Market analysts suggest that this substantial investment signals potential bullish sentiment for ZEC, particularly as institutional players continue to accumulate positions despite market volatility. The whale's commitment to maintaining such a significant position indicates strong conviction in Zcash's long-term value proposition and technical fundamentals.

Exchange inventory ratio drops 5% in two months to 13%

The recent market trend for Zcash shows a significant shift in exchange dynamics, with the ZEC exchange inventory ratio decreasing from 18% to 13% over a two-month period in 2025. This 5% reduction indicates substantial movement of ZEC tokens off centralized trading platforms and potentially into private wallets or decentralized finance applications.

This trend aligns with broader market movements observed in Q2 2025, which showed a significant rebound across most cryptocurrency sectors compared to previous quarters. The decline in exchange holdings suggests increasing investor confidence in long-term ZEC value proposition.

ZEC Market Metrics Previous Period Current Period Change
Exchange Inventory Ratio 18% 13% -5%
ZEC Price ~ $585.14 Rising Positive
Circulating Supply 16.29M 16.29M Stable
Shielded ZEC Under 5M 4.96M Growing

The reduction in exchange-held ZEC coincides with impressive price performance, as ZEC has experienced a 226.57% increase over a 30-day period and an even more remarkable 1064.38% growth over 60 days. This data strongly suggests that investors are accumulating and holding ZEC rather than actively trading it, which typically signals bullish market sentiment and reduced selling pressure. The increased proportion of shielded ZEC also demonstrates growing utilization of the privacy features that differentiate Zcash in the cryptocurrency market.

FAQ

What is ZEC coin?

ZEC is the native cryptocurrency of Zcash, a privacy-focused blockchain platform. It offers optional privacy features using zk-SNARKs technology, allowing users to shield transaction details. ZEC aims to provide enhanced financial privacy in the digital economy.

Is Zcash a dead coin?

No, Zcash is not a dead coin. It remains active with ongoing development, community support, and unique privacy features that continue to attract users in the cryptocurrency market.

What is the prediction for ZEC?

ZEC is expected to trade between $43.36 and $78.44 in 2025, with potential for higher values by 2030 based on market trends and analysis.

Is Zcash a good crypto?

Yes, Zcash is a promising crypto with strong privacy features, growing adoption, and continuous upgrades, making it a potentially good investment for those valuing financial anonymity.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.