Bitcoin fell 8.5% in a week, XRP 20%, zcash 25%. Sharks did not dump bitcoin or ether
CoinGecko's 7-day numbers show the big coins sliding together. DeepSea's 24-hour shark table shows big wallets near flat on bridged bitcoin and ether, buying ARB and WLD and selling OP.
Zcash fell 12% to $1,015. Hyperliquid lost 57% of its open Zcash bets in a day
ZEC dropped from about $1,160 to $1,015 in 24 hours. On Hyperliquid, open interest in the ZEC perpetual fell from $486.8 million to $211.3 million, CoinGecko data show, the steepest cut of any big venue.
Zcash fell 9% in two days. Open bets on its six biggest futures markets fell 40%
ZEC slid from $1,279 to about $1,160 since November 8. Over the same stretch, open interest on Hyperliquid, OrangeX, CoinW, Gate, OKX and Bybit dropped from $2.51 billion to $1.50 billion, CoinGecko data show.
Last week's worst crypto influencer is now No. 2 and holds a $13.4 million Zcash short
The KOL wallet mk4 was down $2.84 million for the week on November 5. DeepSea now shows +$2.24 million over seven days, but still minus $876,800 over 30.
Hyperliquid holds $626 million of open Zcash bets, more than Binance's $556.9 million
On a quiet Sunday, Zcash was the second most traded market on Hyperliquid, ahead of ether. CoinGecko's data shows the on-chain exchange now carries the largest pile of open ZEC futures of any venue.
Zcash NU7 makes blocks 3x faster around November 5. Old nodes will split off
Zcash's NU7 hard fork activates at block 3,543,405, expected around November 5, 2026. It cuts block time from 75 to 25 seconds without changing supply, sends 60% of fees to a reserve and invalidates version 4 transactions. Nodes that do not upgrade split off.