Zcash Price Action Amid Jack Dorsey Bank Filing
Zcash (ZEC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Jack Dorsey’s Block applied to open a national bank to hold bitcoin and stablecoins on September 8. The filing comes as Block moved about $10.7 billion of bitcoin last year. Additionally, 23 of the last 40 bank filings involve crypto, according to a second report.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 12 September 2026. Not the outlet's figures.
Zcash is trading at $1,164.87 with a 1-hour buy ratio of 40.6%, indicating immediate selling pressure. This contrasts with the 4-hour buy ratio of 51.0% and a 24-hour ratio of 50.8%, showing that longer-term buying is still present. The 1-hour volume delta is -$1,095,576, meaning more money is leaving than entering in the short term. However, the 24-hour volume delta is +$6,430,004, and the cumulative volume delta (CVD) for the 24-hour close is +$15,327,205. This suggests that while short-term traders are selling, net buying has accumulated significantly over the full day.
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 average buy ratio was 50.2%, and today's reading is 0.5 points higher. Spot volume is 1.43 times the average, indicating significantly higher activity than usual. The price has increased by 13.9% over the last 8 days. Total volume delta for the period is +$13,170,495, with net buying occurring on 4 of the 7 days. This volume spike marks an unusual day compared to the standard weekly baseline.