Contract Account With Over $20 Million in Cumulative Profits Opens $5.6 Million ZEC Short

Enna Lee

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Contract Account With Over $20 Million in Cumulative Profits Opens $5.6 Million ZEC Short

The short covered 5,000 ZEC and was opened between 10:24 and 10:33 a.m. ET (14:24-14:33 UTC) on Oct. 19.

By Enna Lee

Published Oct 19, 2026, 4:49 PM EDT

A plain metal token slides down an angled steel rail. / TokenPost.ai

A contract account with cumulative profits above $20 million opened a short position in Zcash (ZEC) valued at about $5.6 million on Oct. 19. The position covered 5,000 ZEC.

The account opened the short between 10:24 and 10:33 a.m. ET (14:24-14:33 UTC). At 10:36 a.m. ET (14:36 UTC), it still held a short valued at about $5.6 million.

The address associated with the account is 0xbf732ea04197942783e34730ed6e0f6099575d58.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.