Onchain analytics platform Lookonchain (@lookonchain) reported that a wallet created one day ago deployed 752,723 USDC to buy 10.2 million $MEME at an average entry price of $0.074. The position now shows an unrealized gain of $388,000.

ChainCatcher reported, citing Onchain Lens, that early Bitcoin investor Garrett Jin has built roughly 32,760 ZEC short positions through the address "0x92ea…050e9," with a notional value of about $32.9 million. With ZEC trading at $1,004, the position is showing an unrealized loss of around $18.36 million versus an entry price of $444, and carries an estimated liquidation price near $2,609.80. The same address is also holding about 1,330 BTC in long positions, with an unrealized gain of roughly $5.15 million. Taken together, the combined unrealized P&L stands at an estimated net loss of about $13.21 million.

Binance said it will place AVA, GNS, SCR and TOWNS under its Monitoring Tag on September 4, following a recent review against the exchange's listing standards. Tokens labeled with the Monitoring Tag are subject to heightened oversight and may ultimately face delisting. Separately, Binance Alpha will drop 14 tokens from its recommended list, including SAROS, U (Union), SERAPH, RVV, AIAV and PENGUIN. Binance noted that trading and withdrawals for the removed Alpha tokens will remain available.

Mars Finance reported that, as of September 4, Grayscale's Zcash ETF (ZCSH) has attracted about $34.4 million in net inflows since it began trading on NYSE Arca on August 25. Launched by Grayscale, ZCSH is the first exchange-traded product to provide direct spot exposure to ZEC. Market data show ZEC topped $1,000 on the day, setting a new all-time high, and is up roughly 31% since the ETF's debut.

Zcash (ZEC) staged a forceful breakout, surging above $900 and pulling the privacy-focused token back into the altcoin spotlight. The advance reshapes ZEC's technical picture after months of range-bound trading capped by heavy resistance. With momentum building, traders are now focused on whether the move can hold and whether ZEC can conquer the $1,000 psychological level. If the trend stays intact, charts are starting to highlight $1,800 as a potential upside objective. Drivers behind the rally Zcash's appeal rests on privacy-enabled transactions using zero-knowledge cryptography, paired with a hard cap of 21 million tokens that supports a scarcity narrative. The latest jump is also being reinforced by a sharp pickup in market participation. ZEC futures volume has climbed to $6.38 billion, up 113.64%, while open interest has increased 34.97% to $2.16 billion. The mix of a clear technical breakout, heavier derivatives activity and renewed attention on privacy-oriented assets is underpinning the move. Weekly chart points to $1,800 as the next major technical objective On a weekly timeframe, ZEC spent several months carving out a broad consolidation, repeatedly finding support near the lower boundary while sellers defended the upper range. That structure tightened before price finally broke higher. Zcash $ZEC about to melt faces. First stop: $1,800. pic.twitter.com/cdllGAZcr9 — Ali Charts (@alicharts) August 31, 2026 With ZEC trading around $955, the market is watching $1,000 as the next milestone, followed by the $1,200–$1,300 zone. If those levels are regained and maintained as support, the broader setup suggests $1,800 as an upside target. That level should be viewed as a technical objective, not a guaranteed destination. ZEC still needs to sustain the breakout and absorb the supply that often emerges after a near-vertical rally. What the 113% surge in futures volume signals Derivatives activity is accelerating alongside spot demand. Futures volume has risen to about $6.38 billion, up 113.64%, reflecting a major increase in turnover during the breakout. Open interest has also jumped 34.97% to $2.16 billion, signaling fresh positioning entering the market. Spot trading remains active as well, with roughly $594.6 million in 24-hour volume. The simultaneous rise in spot volume, futures volume and open interest suggests the move is drawing broad attention rather than being driven by a small set of trades. At the same time, crowded leverage can raise pullback risk: if positioning becomes too one-sided, a sharp retracement could trigger liquidations and amplify price swings in either direction. ZEC outlook: can it reach $1,800? Technically, ZEC remains constructive as long as it holds above the breakout area. A clean break and hold above $1,000 would be the next key confirmation. Beyond that, $1,200–$1,300 becomes the next zone where traders may expect consolidation or resistance. A sustained push through that region would bring $1,800 back into focus as the larger weekly-chart target. On the downside, the $700–$800 area is the critical level to monitor. A successful retest that turns this zone into support would reinforce the bullish breakout thesis. A decisive move back below it would weaken the setup and suggest ZEC may need additional consolidation before another attempt higher. Bottom line Zcash has entered a pivotal technical phase after breaking above a multi-month resistance structure. With ZEC near $955 and derivatives metrics surging, the market's immediate focus is a test of $1,000. Above that, $1,200–$1,300 is the next upside area, with $1,800 emerging as the larger technical objective if momentum persists.

A newly created wallet is taking an aggressive position in $MEME. The address, created just one day ago, spent 752,723 $USDC about two hours ago to purchase 10.2M $MEME at $0.074. The position is currently showing roughly $388K in unrealized gains.

Zcash jumped nearly 20% over the past 24 hours, breaking above $1,000 to set a new all-time high. The move followed Grayscale's launch of its spot zcash:native ETF on NYSE Arca, a development that helped lift institutional demand. The broader market also firmed. Bitcoin rose 5% to about $81,460, while Cardano advanced 14%. Dogecoin and XRP each gained roughly 10%, underscoring broad-based strength among major altcoins. Total crypto market capitalization recovered to around $2.82 trillion, according to CoinGecko.

ZEC surged past the $1,000 mark on Sept. 4 (UTC+8), triggering a wave of forced short closures as liquidation levels clustered around the round-number threshold were hit. TradingBeats data cited by ME News shows ZEC changing hands near $1,011.90, up about 21.7% over the past 24 hours, after reaching an intraday peak of $1,031.10. Between 16:53 and 16:54, three addresses—0xec0, 0x9663, and 0x7b12—were liquidated on a combined 3,213.05 ZEC in short positions, worth roughly $3.27 million. Confirmed losses across the three totaled about $204,700. Address 0xec0 was liquidated first, with 1,563.99 ZEC closed by the system in two batches at an average execution price of around $1,015.72, representing about $1.589 million in value. Address 0x9663 was then liquidated for roughly $944,500, followed by 0x7b12 for about $736,800. Pressure is now building on two larger short holders. Addresses 0x9311 and 0xf206 together are short approximately $6.77 million of ZEC, with unrealized losses near $808,000. Their estimated liquidation prices are $1,041.32 and $1,043.99, leaving them about $10 to $13—less than 1.3%—from liquidation based on the prior high of $1,031.10. BlockBeats noted that 0x9311 did not trim exposure during the rally. The address recently added 773.04 ZEC shorts at $969.36, lifting its total short position to 3,773.08 ZEC, valued at about $3.818 million. Its liquidation price moved down from roughly $1,071.80 to $1,041.32. Address 0xf206 continues to hold 2,916.22 ZEC shorts worth about $2.951 million, with a liquidation price of $1,043.99. (Source: BlockBeats)

On Sept. 4 (UTC+8), on-chain data cited by ME News showed that the "BTC OG whale" Garrett is running a 2x leveraged short in ZEC valued at about $33.58 million. The position totals roughly 32,760 ZEC, with an average entry price near $444. With ZEC trading around $1,024.90, the position is down about $19.03 million on an unrealized basis. The same data indicates Garrett also holds a 3x leveraged long in BTC worth roughly $108 million, currently showing an unrealized gain of about $5.38 million. (Source: ODAILY)