David Gokhshtein Compares Midnight NIGHT Token to Zcash Rally
Zcash (ZEC)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that crypto commentator David Gokhshtein renewed his bullish outlook on Midnight’s NIGHT token, comparing its potential growth with Zcash’s rally. He argues that demand for financial privacy is driving interest among users and businesses seeking to use blockchain applications without exposing sensitive information. In an X post, Gokhshtein stated he believes $NIGHT is “going to pull a $ZEC.” However, he tied this outlook to Midnight’s ability to execute its plans, presenting the comparison as an expectation rather than an established outcome.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Zcash is trading at $1,335.56, with a 24-hour spot volume of $237,813,386. The 1-hour buy ratio is 25.9%, indicating a short-term preference for selling, while the 4-hour buy ratio sits at 51.9%, showing a slight preference for buying. Over the last 24 hours, the buy ratio is 43.6%, and the volume delta is -$30,390,011, meaning more money flowed out of buys than into them. The CVD closed at +$3,725,791, suggesting that despite the negative delta, cumulative buying pressure has remained positive over the day. Net buying occurred for 8 of the 24 hours, with 659,921 trades recorded.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
Over the preceding week, the buy ratio averaged 50.2%, making today’s 24-hour ratio of 43.6% a decline of 6.7 points from the average. Volume was 0.82x the average, indicating lighter trading activity than usual. The coin experienced net buying for only 3 of the 7 days, with a total volume delta of -$22,514,056. Price has dropped 13.6% over the 8-day period. This represents an unusual day for the coin, characterized by lower volume and a buy ratio significantly below its weekly average.