ZEC Rises 19.83% in a Week as High-Leverage Short Positions Increase

On November 18, 2025,

recorded a significant 1.97% rise over the previous 24 hours, reaching a value of $622.72. In the last week, the cryptocurrency posted an impressive 19.83% increase, with a 53.85% surge over the past month and a remarkable gain of more than 1000% in the past year. These numbers highlight a prolonged upward trend that has captured the interest of both on-chain analysts and market participants.

High-Leverage Short Positions Surge During Price Rally

On November 18, as ZEC’s price continued to climb, on-chain metrics showed a spike in short-selling activity. One trader was liquidated during a brief price recovery, incurring losses exceeding $3 million. Following this, the same individual opened a series of short positions totaling $48.47 million across three different wallets, utilizing 10x leverage. At present, this strategy has produced an unrealized profit of $3.36 million, illustrating the high volatility and leverage-driven dynamics within the ZEC market.

This trader’s tactics are not isolated. Earlier that day, they shorted 31,698 ZEC—worth about $19.26 million—again employing 10x leverage. This repeated use of high-leverage shorting points to a strategy that seeks large returns but also carries substantial risk, potentially magnifying both profits and losses depending on market swings.

On-Chain Trends Indicate Robust Market Confidence

The notable short-selling activity observed on-chain reveals a divided market outlook. While ZEC’s value continues to rise, some traders are wagering on a downturn, leveraging their positions to increase potential returns. However, the same leverage that enables considerable gains can also result in swift liquidations if the market moves unfavorably.

The fact that this trader maintains a positive unrealized profit despite a recent liquidation suggests that the market’s upward momentum has surpassed their bearish outlook. This pattern indicates that, although short-term fluctuations are present, the overall direction for ZEC remains positive.

Exercise Caution When Assessing Shorting Activity

Experts warn that ongoing on-chain shorting could eventually trigger a reversal, though such a shift has yet to materialize. The use of 10x leverage in these trades underscores the inherent risks of aggressive, short-term strategies. While the trader currently benefits from favorable price movements, any major change in ZEC’s trend could quickly eliminate profits or prompt additional liquidations.

To sum up, ZEC has recently experienced a strong upward movement, supported by robust gains over the past week and month. The rise in high-leverage shorting reflects both optimism and caution among traders in a fast-changing environment. As the market continues to challenge resistance levels, the balance between bullish momentum and bearish bets remains a key aspect to watch.