TLDR
- Zcash has a $6.8 billion market cap and shares Bitcoin’s 21 million coin supply limit and proof-of-work mining system.
- The cryptocurrency offers privacy features using zk-SNARKs technology that hide transaction details from public view.
- Whale investors increased their Zcash holdings by 6.7% over the past week, showing growing confidence.
- Technical indicators including Chaikin Money Flow show bullish divergence and positive capital inflows.
- Zcash is trading near $396 and could rally toward $504 and $540 if it breaks above $450 resistance.
Zcash is trading near $396 after recent sideways movement. The privacy-focused cryptocurrency has a market cap of $6.8 billion.

The coin shares several features with Bitcoin. Both use proof-of-work mining and have a maximum supply of 21 million coins. Both experience halving events approximately every four years.
The main difference is Zcash’s privacy technology. The cryptocurrency uses zk-SNARKs cryptography to hide transaction details. This means users can send money without revealing sender, receiver, or amount information to the public.
About 20% of each mined Zcash block goes to development funds. These funds support ongoing upgrades and community projects. This self-funding mechanism helps maintain the network’s development.
Growing Whale Accumulation
Large investors have been buying Zcash recently. Addresses holding more than $1 million worth of ZEC increased their holdings by 6.7% over the past week.
This steady accumulation signals growing confidence from major players. The buying pace has remained consistent rather than sudden.
The Chaikin Money Flow indicator recently climbed above zero. This confirms a shift toward net capital inflows into Zcash.
Technical Setup Points to Potential Rally
Zcash is currently trading within a triangle pattern on price charts. The coin recently dropped below the $405 support level.
The 5th wave will take Zcash $ZEC to $1,400
350% upside from the current $400
Zillions. pic.twitter.com/2bXemX5XKC
— Zcasho (@zcasho) January 17, 2026
Technical indicators show bullish divergence forming. While the price has made lower lows, the Chaikin Money Flow has created a lower high. This suggests buying pressure that hasn’t yet reflected in the price.
A break above $450 would confirm a bullish breakout from the triangle pattern. If this happens, Zcash could rally toward $504. Further strength might push the price to $540.
The downside risk remains present. If selling pressure emerges and the triangle breaks down, Zcash could fall toward $340.
For Bitcoin to reach Zcash’s current market cap, the privacy coin would need to grow from $6.8 billion to $1.9 trillion. Bitcoin has risen about 160% over the past five years.
Zcash trades at $396 as of January 18, 2026. The cryptocurrency continues to show signs of accumulation from large holders while technical indicators suggest a potential upward move.





