Zcash (ZEC) briefly surpassed $1,500, hitting a 10-year high, and currently trades around $1,470, representing a staggering 190% gain in one month. Analysts such as Scient and Ali Martinez have set bullish targets at $1,800 and $5,000 respectively, while Picolas Cage envisions a potential rise to $14,000. Conversely, trader « Crypto with Harris » opened a $100,000 short position on ZEC, arguing that the continuous pump without major corrections and FOMO-driven buying signal an imminent reversal. A whale with an 89% win rate opened an $18.3 million short position on ZEC and is now facing an unrealized loss of $7.66 million, with liquidation set around $1,551.
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