According to @ai_9684xtpa, wallet 0x519…96a47 deposited 2.64M USDC to Hyperliquid about 5 hours ago, transferred 1.5M USDC to spot, and bought 59,431.49 HYPE at a $25.24 average, lifting holdings to 150,000 HYPE valued at roughly $3.844M with a $25.61 average cost and about $95k unrealized loss (source: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762). The same address also opened a $7M long position in ZEC on Hyperliquid (source: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762). For traders, the $25.24–$25.61 band marks this whale’s cost basis and a potential liquidity magnet for HYPE, while the $7M ZEC long adds leverage-driven volatility risk; monitoring Hyperliquid flows and this address’s activity is warranted (analysis based on the disclosed transactions; sources: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762).

According to @OnchainLens, a newly created wallet deposited $3.6 million USDC into HyperLiquid and opened a ZEC long position with 10x leverage, source: @OnchainLens on X dated Jan 13, 2026 and CoinMarketMan HyperTracker wallet 0x99a3db3621b051bbc9cb52cbfa9d969117439912. The same wallet has an open order to further increase the ZEC position between $400 and $401, source: @OnchainLens and CoinMarketMan HyperTracker wallet 0x99a3db3621b051bbc9cb52cbfa9d969117439912. Traders tracking ZEC perps on HyperLiquid can monitor price action and fills around $400-$401 given a large leveraged participant has resting bids there, source: @OnchainLens and CoinMarketMan HyperTracker wallet 0x99a3db3621b051bbc9cb52cbfa9d969117439912.

According to @santimentfeed, only a few traders called the November top in ZCash, with @Tryrexcrypto identified as flagging a clear short setup. Source: Santiment on X, Jan 12, 2026. KOLs_Tracker reports the call preceded an approximately 40% downside move in ZEC amid peak crowd euphoria, underscoring the value of contrarian entries. Source: KOLs_Tracker on X, Jan 12, 2026. Santiment directs traders to the Sanitizer leaderboard to audit KOL performance and improve timing when social sentiment extremes emerge. Source: Santiment on X, Jan 12, 2026.

According to @OnchainLens, a newly created wallet withdrew 3,956 ZEC (about $1.55 million) from Binance 6 hours before the post, with the address and transfer visible on Arkham’s explorer at intel.arkm.com/explorer/address/t1cfDDjxcoFmkmjxSQfQkMgiR2wsN7ou4T9. According to @OnchainLens, the on-chain alert specifically identifies a single outbound exchange outflow of 3,956 ZEC from Binance to a new external address, supported by the Arkham link provided in the post.

According to CoinMarketCap, the core development team behind Zcash left Electric Coin Company en masse on Wednesday following a governance dispute with its nonprofit board, and has formed a new startup focused on the privacy coin, marking a significant governance and development transition for ZEC traders to track. Source: CoinMarketCap via X, Jan 8, 2026.

According to Santiment, Zcash (ZEC) multiplied its market cap by roughly 15x between September 22 and November 16, 2025, before momentum cooled, which is critical context for assessing trend durability and liquidity risk. Source: Santiment on X, Jan 8, 2026. According to Santiment, ZEC has retraced about 40% over the past two months, highlighting rising downside volatility following the prior parabolic advance. Source: Santiment on X, Jan 8, 2026. According to Santiment, ZEC’s development activity has dropped to its lowest rate since November 2021, a level that the firm tracks via GitHub-derived metrics on its platform. Sources: Santiment on X, Jan 8, 2026; Santiment App dashboard: https://app.santiment.net/s/nPpat54l?utm_source=x&utm_medium=post&utm_campaign=x_zcash_development_activity_b_010826/&fpr=twitter. According to Santiment, projects with rising development activity historically tend to outperform peers, while declining activity often aligns with underperformance, making dev activity a key trading factor to monitor for ZEC. Sources: Santiment on X, Jan 8, 2026; Santiment methodology: https://medium.com/santiment/a-different-look-into-blockchain-ecosystem-development-activity-f34f32180482. According to Santiment, traders can track ZEC’s development trend in real time on the Santiment dashboard to gauge whether builder momentum reaccelerates or continues to lag, informing risk management around rallies and pullbacks. Sources: Santiment on X, Jan 8, 2026; Santiment App dashboard: https://app.santiment.net/s/nPpat54l?utm_source=x&utm_medium=post&utm_campaign=x_zcash_development_activity_b_010826/&fpr=twitter.

According to @balajis, Zcash can, must, and will scale, signaling a renewed focus on ZEC scalability. Source: @balajis on X, Jan 8, 2026. Josh Swihart stated they are all in on Zcash, need to scale Zcash to billions of users, and created a new Zcash startup because startups can scale while nonprofits cannot. Source: @jswihart on X, Jan 8, 2026. The announcement includes a link to cashz.org as the website for the newly announced Zcash startup. Source: @jswihart on X, Jan 8, 2026. For traders, the verified development is the public reveal of a startup dedicated to Zcash scaling, with an explicit goal of reaching billions of users. Source: @jswihart on X, Jan 8, 2026.

According to @Andre_Dragosch, he retweeted a claim from @ElonTrades that the entire ZEC developer team resigned, and the post provided no additional details or corroboration. Source: X/@Andre_Dragosch, Jan 8, 2026. Given this circulating post, traders may treat it as headline risk and watch ZEC spot and perpetual markets for volatility, liquidity gaps, and funding rate shifts following the claim. Source: X/@Andre_Dragosch, Jan 8, 2026.

According to the source, a governance clash in the Zcash ecosystem triggered a sell-off in ZEC, pressuring the token’s price as noted in a post on X dated Jan 8, 2026. The source also indicates the dispute may be smaller in scope than it appears, framing the headline-driven ZEC drop as potentially overstated in the same X post.

According to Lookonchain, two wallets (0x6ef9 and 0x089f) opened 1x long perpetual positions totaling 27,985 ZEC with USD 11.1M notional yesterday, as recorded on Hypurr perps. Source: Lookonchain; Hypurrscan. Those positions now show an unrealized loss exceeding USD 2.2M, highlighting sizable underwater ZEC long exposure in derivatives markets. Source: Lookonchain. The Hypurr perps pages for both addresses confirm the position size and current PnL. Source: Hypurrscan.

According to @lookonchain, trader 0x10a3 added new ETH and BTC longs 4 hours ago and is now holding maximum-leverage longs across BTC, SOL, ETH, PUMP, FARTCOIN, and ZEC with unrealized profit above $3.5M, source: @lookonchain on X dated Jan 6, 2026. Reported position sizes are 500 BTC, 134,278 SOL valued at $18.49M, 5,000 ETH valued at $16.14M, 4.95B PUMP valued at $12.08M, 19.04M FARTCOIN valued at $8.4M, and 14,154 ZEC valued at $7.22M, source: @lookonchain and the Hyperdash trader profile for 0x10a3.

According to @1HowardWu, fungibility is a fundamental economic principle of money, and this is what makes Aleo powerful for shielding tokens to preserve fungibility. Source: X post by @1HowardWu on Jan 5, 2026. He encouraged users to bridge BTC, ETH, SOL, and USDC to Aleo and shield their tokens to maintain fungibility. Source: X post by @1HowardWu on Jan 5, 2026. A community reply asked whether ZEC would be supported, but the post itself did not confirm any ZEC integration. Source: X post by @1HowardWu on Jan 5, 2026.

According to the source, the claim is that privacy-focused cryptocurrencies slipped while the broader crypto market recovered (source: user-shared X post dated Jan 5, 2026). Under the stated requirements, the linked outlet cannot be used as a citation, and no alternative primary data or acceptable source was provided (source: conversation instructions). To produce a trading-oriented, verified summary with proper citations, please share one of the following: 1) intraday/daily price and volume for major privacy coins (e.g., XMR, ZEC, DASH) versus BTC and total market cap from an exchange or market data provider (source options: Binance, Kraken, Coinbase, CoinGecko, CoinMarketCap); 2) order book or liquidity changes showing underperformance (source options: exchange market data portals); or 3) a non-crypto-media primary source such as an exchange announcement or regulator notice that contextualizes price action (source options: exchange status pages, SEC/FINMA/FCA websites).

According to @lookonchain, wallet 0x6b26 opened a 5x long on 79,438 ZEC with a stated notional of $39.24M over the past two days, source: @lookonchain (Jan 5, 2026). According to @lookonchain, the same wallet also opened a 10x long on 105.25M DOGE worth $15.48M during this period, source: @lookonchain (Jan 5, 2026). According to @lookonchain, these positions are currently showing an unrealized loss of $1.88M, with reference to the Hyperdash trader page for address 0x6b26f66f460fd173b009d0c7a478ca400470e03f, source: @lookonchain (Jan 5, 2026).

According to @lookonchain, a whale deposited 74,002 ZEC worth about $35.75 million to Binance today, indicating a sizable exchange inflow for ZEC, source: Lookonchain on X. The transfer is tied to address t1Ym8XWvN2joxENB2Nc4TVg1M9PxKfWshc5 on Arkham Intelligence, which shows the deposit and recipient exchange, source: Arkham Intelligence explorer. Large inflows to exchanges can increase available sell-side liquidity and are tracked by traders for short-term price risk in ZEC, source: Glassnode Academy.

According to Onchain Lens, a whale closed a ZEC long with 3.2M realized profit, then flipped short and exited about an hour later with a 1.6M loss, giving back 50 percent of its ZEC gains; source: https://twitter.com/OnchainLens/status/2007330383382360257. According to Onchain Lens, the same address had previously lost 7.7M trading BTC and now shows a cumulative loss of 5.56M; source: https://twitter.com/OnchainLens/status/2007330383382360257. According to Onchain Lens, earlier when ZEC traded back above 500, the whale’s 3x ZEC long showed over 5M in floating profit while the portfolio still sat at more than 2M overall loss; source: https://twitter.com/OnchainLens/status/2005064700103659853 and on-chain dashboard: https://hyperbot.network/trader/0x6b26f66f460fd173b009d0c7a478ca400470e03f.

According to @CoinMarketCap, Bitwise has filed with the U.S. SEC to launch 11 single-token, altcoin-focused strategy ETFs that would provide regulated exposure to Aave, Uniswap, Hyperliquid, Zcash, Bittensor and others; source: @CoinMarketCap on X, December 31, 2025. The post identifies these as single-token strategy ETFs offering regulated exposure to individual assets named, including Aave AAVE, Uniswap UNI, Zcash ZEC, and Bittensor TAO; source: @CoinMarketCap on X, December 31, 2025. No filing identifiers, proposed tickers, fees, timelines, or approval status were disclosed in the post; source: @CoinMarketCap on X, December 31, 2025.

According to the source, Winklevoss-backed Cypherpunk Technologies purchased another 56,418 ZEC for roughly $29 million. According to the source, this increases its total ZEC holdings to 290,062 coins, equal to about 1.8% of Zcash’s circulating supply. Based on the source’s figures, the implied average acquisition price is approximately $514 per ZEC, which traders can use as a reference for positioning and liquidity planning. According to the source, the reported accumulation concentrates a notable share of ZEC supply, so traders may monitor order book depth, exchange reserves, and borrow rates on ZEC pairs for potential liquidity shifts and volatility around this whale activity.

According to @santimentfeed, the latest top 10 privacy coins by development activity are 1) DASH up, 2) NYM down, 3) HOPR flat, 4) ZEC flat, 5) DCR flat, 6) DUSK up, 7) XMR down, 8) XVG up, 9) ANYONE up, 10) BDX down, based on filtered GitHub metrics, source: @santimentfeed on X, Dec 29, 2025. @sanitmentfeed states its methodology filters notable GitHub activity to reduce noise and is positioned as useful for crypto trading, source: Santiment Medium methodology article A different look into blockchain ecosystem development activity. Traders can track the dedicated privacy project watchlist to compare development activity with other metrics for sector screening, source: Santiment privacy watchlist on app.santiment.net. Rank increases for DASH, DUSK, XVG, and ANYONE versus declines for NYM, XMR, and BDX can inform relative-strength and momentum screens within privacy coins, source: @santimentfeed on X, Dec 29, 2025.

According to Onchain Lens, wallet neoyokio.eth deposited $2,000,000 USDC into HyperLiquid and opened a ZEC short position with 2x leverage, as shown on the referenced tracker app.coinmarketman.com/hypertracker/wallet/0xfb5146803b7dde661aab84915cc1435697caf896, source: Onchain Lens on X and app.coinmarketman.com. This confirms a sizable bearish exposure to ZEC on the HyperLiquid venue based on the reported short and leverage, source: Onchain Lens on X.