ZEC Price Surges 1122.25% in 1 Year Amid Massive Short Liquidations

On NOV 17 2025, ZEC dropped by 1.62% within 24 hours to reach $684.37, ZEC rose by 36.21% within 7 days, rose by 69.97% within 1 month, and rose by 1122.25% within 1 year.

ZEC has experienced a sharp price reversal in recent months, spiking 69.97% over 30 days and surging more than 1000% in annual terms. This rally has led to widespread liquidation of bearish positions across major platforms, with losses mounting into the tens of millions of dollars. The aggressive price action has caught short sellers off guard, particularly those who had accumulated positions over months.

On November 17, LookOnChain reported that a trader with short exposure to ZEC saw over $3.28 million in losses after liquidation. The affected address is associated with gambling platforms Roobet and Stake.com. The account currently holds a diversified portfolio, including 73 BTC ($122.5 million), 34 ZEC ($16.75 million), and 5.6 million XRP ($12.5 million). The ZEC position in particular has a liquidation price of $757, reflecting a sharp divergence from current levels.

Separately, on Hyperliquid, the largest ZEC short position is incurring floating losses exceeding $22.04 million. The position involves 60,870.43 ZEC and has been held for over a month. Recent price movement has forced the trader to add $5 million in USDC to their account to support the short. The address has been continuously averaging down its cost since October 11, but rising prices have outpaced this strategy.