ZEC +50.53% in 1 Month as Whale Positioning and Market Conditions Favor Bullish Momentum

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Monday, Nov 10, 2025 9:42 am ET2min read
Aime RobotAime Summary

- ZEC surged 50.53% in 1 month as a whale on Hyperliquid built a $2.21M long position with 5x leverage, selling 5,000–15,000 ZEC during a recent correction.

- ZEC traded near $610 with a 1.006 long/short ratio, showing bullish momentum via MACD (101.55) and MFI (71.17) despite weakening price momentum.

- A new 10x leveraged ZEC long on Hyperliquid and Arthur Hayes’ bullish BTC/ZEC outlook highlight growing institutional interest in privacy-focused crypto.

- A proposed MFI-based ZEC trading

strategy
(buy at 80+, sell at 70-) aims to capitalize on current overbought conditions and consolidation patterns.

On NOV 10 2025,

ZEC
dropped by 1.11% within 24 hours to reach $616.53, ZEC rose by 27.36% within 7 days, rose by 50.53% within 1 month, and rose by 982.42% within 1 year.

The ZEC Largest Long Position on Hyperliquid has been intensively building its position since November 3rd with a principal of $2.21 million, deploying ZEC longs in two key ranges—$497–$499 and $597–$595. This whale has witnessed significant price surges within 24 hours following each deployment. Despite a market correction last week, the whale partially closed its position on November 9th and 10th by selling 5,000 to 15,000 ZEC, while still holding a 55,000 ZEC long position at an average price of $555.4 with 5x leverage. The whale also moved $500,000 into its on-chain address, signaling potential for further strategic positioning.

Zcash (ZEC) closed at $611 on November 10, rebounding 3% from a 4% decline the previous day. Open interest in ZEC derivatives surpassed $1 billion, with a 1.4% increase in the last 24 hours. The long-to-short ratio remains balanced at 1.006, showing equal inflows for long and short positions. ZEC is currently trading near the upper Bollinger Band at $610, below $667, and the MACD remains in bullish territory with a reading of 101.55 versus 82.91. The flattening histogram suggests weakening momentum, while the Money Flow Index (MFI) reads 71.17, indicating strong inflows but potential overbought conditions.

On November 10, a new address deposited 3.62 million

USDC
into Hyperliquid and took a long position on ZEC with 10x leverage. Meanwhile, Arthur Hayes, co-founder of BitMEX, cited the imminent end of the U.S. government shutdown as a bullish signal for both BTC and ZEC. Additionally, Zenrock’s wrapped ZEC token, zenZEC, reached $15 million in trading volume on
Solana
, integrating Zcash’s privacy features with DeFi platforms and highlighting growing interest in cross-chain privacy solutions.

Backtest Hypothesis

A proposed backtesting strategy for ZEC aims to evaluate the effectiveness of using the Money Flow Index (MFI) as a trading signal. The strategy assumes a buy signal when MFI crosses above a threshold of 80 (standard overbought level) and a sell signal when it falls below 70. The goal is to assess whether this approach could have generated consistent returns over a historical period from 2022-01-01 to the present.

To proceed with the backtest, it is necessary to confirm the exact ticker symbol for ZEC (e.g., “ZEC-USD”, “ZEC-USDT”, or exchange-specific identifier) and verify the use of 80 as the overbought threshold. Once these parameters are set, the MFI data can be retrieved, trade signals generated, and the performance of the strategy evaluated.

This hypothesis aligns with the current technical environment, where ZEC is showing signs of consolidation and overbought conditions, making it a relevant indicator to assess potential entry and exit points. If validated, this strategy could serve as a useful tool for traders seeking to capitalize on ZEC’s recent upward momentum in a structured manner.