Zcash Whales Accumulate as Price Drops Below $1,500
Zcash (ZEC)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that Zcash (ZEC) has entered a critical phase following a sharp pullback that erased part of a strong rally. Selling pressure pushed the price lower, forcing traders to reassess their near-term expectations. Large investors are continuing to accumulate significant amounts of ZEC, which has sparked fresh debate across the market.
Many traders are now wondering whether this whale buying can stabilize price action and create the foundation for another move higher. Recent market action has clearly favored sellers, with ZEC dropping below the important $1,500 support level. Attention has shifted toward $1,400 after the asset retreated from recent highs near $1,680.
The decline was not a routine correction, as heavy selling accompanied the breakdown and increased downside pressure. Every lost support level has encouraged additional caution among traders.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 4 October 2026. Not the outlet's figures.
Zcash is currently trading at $1,305.16, with a 1-hour buy ratio of 72.2% and a 4-hour buy ratio of 61.0%. These short-term figures indicate that buying pressure is building, contrasting with a 24-hour buy ratio of 47.5% which suggests a more balanced or slightly bearish trend over the full day. The 1-hour volume delta is positive at +$1,314,740, while the 4-hour delta is +$3,911,688, showing net buying activity in the immediate term. However, the 24-hour volume delta is negative at -$4,761,935, indicating that overall selling has outweighed buying over the last day. The Cumulative Volume Delta for the 24-hour close is +$3,888,241, and there have been 14 hours of net buying out of 24. Spot volume for the period is $94,984,849 across 254,286 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.
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 48.6%, making the current 24-hour ratio of 47.5% slightly below the weekly average by 1.1 points. Volume has been subdued at 0.35x the average, and there have been only 2 days of net buying out of 7. The price has dropped 21.0% over the last 8 days, with a total volume delta of -$62,533,758. This indicates that today is an unusual day characterized by lower-than-average volume and a slight dip in buying interest compared to the weekly norm.