Zcash: A 20% Crash and Yet, A Full Treasury Bet – ZEC Gets a Big Push!

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Key Takeaways

What’s the latest update on Zcash?

Reliance Global Group has decided to put all its eggs in one basket. That’s right, the entire DAT is now in Zcash. Talk about commitment!

Is ZEC at risk after its 20% weekly drop?

Don’t panic just yet. The sell-off might be slowing down. But, you know, ZEC still had a rough week. It’s like a bad hair day, but with money involved.

So Zcash [ZEC] might have been bleeding out 20% this week, but here’s the twist: not everyone is clutching their pearls. There’s a twist in the tale, my friends. The company’s new digital asset treasury (DAT) update is creating some good vibes for the privacy coin. Maybe the price chart’s not the whole story, huh?

Here’s what’s cooking.

A big DAT bet on Zcash

Reliance Global Group, after a serious strategic chinwag, decided to bet the farm on ZEC. Yep, they sold off everything else and put all their chips on this privacy coin. Why? Because Zcash, according to their Crypto Advisory Board, is the most promising in the long run. This wasn’t just a spur-of-the-moment decision. This is a calculated move. 📈

In a recent statement, they gushed about Zcash’s privacy features, Bitcoin-based architecture, and the fact that it’s ready to play nice with regulations. So yeah, not just a pretty face in the crypto world.

We’ve been hearing about Zcash’s surge over the last few months, so this sudden show of confidence isn’t exactly a shocker. They’ve been on the rise, and Reliance Global’s CEO, Ezra Beyman, had this to say:

“As we evaluated the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio.”

Under pressure

Now, let’s talk about the elephant in the room: the price. ZEC has dropped between 13% and 18% this week across major pairs (including BTC, ETH, SOL, and BNB). So yeah, it’s not looking like a winner in the short term. Ouch.

But hold your horses, the 24-hour moves have settled down. The sell-off might be slowing, like a marathoner finally hitting the wall. 🏃‍♂️

Open Interest (OI) has only slipped a little bit, hovering around $695 million, meaning traders aren’t exactly pulling their positions out in a panic. So, it’s not a mass exodus, just a casual retreat.

Funding Rates are negative, so there’s a lingering short bias. But let’s be real-no one’s going full leverage on this one. It’s like putting a finger in the air to test the winds, not jumping into a tornado.

Momentum is slowing

As of now, ZEC is chilling at around $496, which means it’s still down by over 20% this week. If ZEC were a person, it’d need a spa day and a good cry.

The price dipped below the 20-day EMA, so short-term momentum has officially taken a nap. But don’t get too comfortable, the 50, 100, and 200-day EMAs are still hanging out far below, so the broader trend is intact-sort of like a long-term plan in the middle of a short-term crisis.

The RSI? It’s showing that buying strength is like that guy who says he’ll come to the party, but never shows up. Meanwhile, the CMF is confirming that capital flows are turning negative. It’s like the money’s trying to escape, but hasn’t quite figured out how to get out of the room yet.

So, ZEC spent the week consolidating under pressure, but who knows? If demand comes back, it might just make a triumphant return. Recovery is always a possibility in the wild world of crypto.

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2025-11-27 06:21