Zcash Liquidates Bulls as Zakura Upgrade Boosts Speed
Zcash (ZEC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Zcash saw short-term bulls liquidated as volatility pressured recent bullish positions. Analyst Joao Wedson noted that traders holding Long and Short positions over the past few days remain exposed, alongside older Long positions from the last six months. This accumulation of open positions means a sharp price move could trigger further liquidations on either side.
Wedson expects significant volatility in the coming days, focusing on how existing traders react rather than predicting a specific price direction. Simultaneously, the Zakura upgrade has introduced a major speed boost to private transaction proof generation. The update reduces proof generation time from over three seconds to under 200 milliseconds in some cases.
This represents a speed increase of more than 14 times on mobile devices and more than five times on desktops. Faster proof generation aims to make private transactions more practical for regular users. Other ecosystem updates include Zodl Wallet versions 3.10.1 through 3.10.3 and the public release of Zcash SDKs 3.0.0. The Zcash Foundation also opened a ZCAP poll for NU7 while Grayscale launched a Zcash ETF.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 1 September 2026. Not the outlet's figures.
Zcash is trading at $848.10 with a 1-hour buy ratio of 53.8% and a 4-hour buy ratio of 50.8%, indicating immediate buying pressure. However, the 24-hour buy ratio has dropped to 48.3%, suggesting that this buying interest is fading over the longer term. The 1-hour volume delta is positive at $383,250, showing net buying in the short term, while the 4-hour delta is $303,302. In contrast, the 24-hour volume delta is negative at -$5,626,238, indicating that sellers have dominated the flow over the last day. The cumulative volume delta closed at +$1,298,638, but net buying occurred in only 12 of the last 24 hours. Spot volume for the day reached $173,687,351 across 558,457 trades.
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.
Twenty-four hours later
What ZEC did over the 22 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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 average buy ratio was 50.5%, making today's 24-hour ratio of 48.3% slightly lower by 2.1 points. Volume was 1.02 times the average, indicating trading activity was near normal levels. Net buying was recorded on 5 of the 7 days in the previous week. The price increased by 2.1% over the eight-day period, while the total volume delta was -$7,392,800. This suggests that despite the recent short-term buying, the broader weekly trend has seen more selling pressure than buying.