Wynn

Crash

bullish

Zcash

James

<p><a href="https://www.thecoinrepublic.com/2025/11/22/bitcoin-maxis-shifts-focus-to-zcash-crypto-zec-price-to-1000/" rel="noopener noreferrer nofollow">Zcash price</a> continues to demonstrate bullish resilience despite clear evidence that its parabolic phase might be over.</p>
<p>However, a faction of investors remained confident that it could still extend its rally, while others anticipate a bigger correction.</p>
<p>Among the investors expecting a bearish Zcash outcome was James Wynn, a famous Hyperliquid whale.</p>
<p>He predicted in a recent post that the privacy coin will fall to the $300 price range before the end of November.</p>
<p>James Wynn also revealed that he executed a Zcash short position at the $684 price point. This suggests that his short position was already in profit since the cryptocurrency pulled back substantially since then.</p>
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   &nbsp;James Wynn predicts bearish outcome for Zcash/ source: X courtesy of James Wynn
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<p>It is worth noting that James Wynn has a mixed track record of wins and losses in the recent past.</p>
<p>Nevertheless, his prediction raises questions, considering that the cryptocurrency has been showing signs of bullish weakness.</p>
<h2 class="wp-block-heading" id="h-zcash-zec-price-attempts-some-recovery-after-a-weekend-retracement"><strong>Zcash (ZEC) Price Attempts Some Recovery After a Weekend Retracement</strong></h2>
<p>The bearish expectations from James Wynn reflect recent observations on Zcash (ZEC) price action. The cryptocurrency previously made headlines after an impressive parabolic move in October.</p>
<p>However, its performance this month signaled that the bulls were losing their momentum. The cryptocurrency also experienced significant pullbacks recently, signaling that early buyers were securing profits.</p>
<p>The<a href="https://www.thecoinrepublic.com/2025/11/17/zcash-price-prints-more-green-candles-despite-blood-on-the-streets/" rel="noopener noreferrer nofollow"> ZEC price</a> just concluded its most recent bearish week during which it retreated by roughly 18%.</p>
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   &nbsp;Zcash price/ source: TradingView
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<p>Zcash still achieved a bullish performance in the last 24 hours despite the retracement, with price rallying by almost 10%.</p>
<p>Interestingly, this upside occurred during the same trading session that James Wynn predicted that the ZEC would extend its bearish performance.</p>
<p>The privacy coin bounced back on Sunday morning after interacting with the RSI mid-point.</p>
<p>This recovery potentially confirms that the bulls remained strong, especially if the price remains above the 50% RSI level.</p>
<p>&nbsp;A sizable rally occurred after Zcash’s previous retracement in the second week of November. A similar outcome could potentially put James Wynn’s short positions in the bullish crosshairs.</p>
<h2 class="wp-block-heading" id="h-what-zcash-liquidation-profile-and-open-interest-reveal"><strong>What Zcash Liquidation Profile and Open Interest Reveal</strong></h2>
<p>Zcash liquidation map revealed that both longs and shorts were almost evenly distributed.&nbsp;</p>
<p>The liquidation heatmap revealed that the highest consolidation of long liquidation leverage on exchanges was just over $18 million near the $551 price point.</p>
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   &nbsp;Zcash exchange liquidation map/ source: Coinglass
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<p>On the opposite side of the spectrum, the highest short liquidation leverage was just over $25 million at the $605 price point.</p>
<p>Interestingly, Zcash maintained volatile price movements in the last 24 hours, with the day’s top and bottom falling within the same liquidation range.</p>
<p>Despite this, liquidations remained relatively low at just over $11 million in total in the last 24 hours. Short liquidations were dominant at over $6 million, while longs were just shy of $5 million.</p>
<p>The elevated volatility observed with its recent price movements also affected appetite for leverage. Zcash open interest retreated from its $1.38 billion ATH on 17 November to just over $919 million in the last 24 hours.</p>
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   &nbsp;Zcash open interest/ source: Coinglass
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<p>In summary, the bearish expectations for Zcash reflect the first wave of sell pressure after its impressive rally.</p>
<p>However, the<a href="https://www.thecoinrepublic.com/2025/11/07/privacy-coin-zcash-hits-10-billion-market-cap-to-become-11th-largest-altcoin/" rel="noopener noreferrer nofollow"> privacy coin</a> has also been gaining popularity among the institutional class, which may underscore bullish long-term prospects. This may support a long-term bullish outlook and limit its downside.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/11/23/zcash-price-will-crash-by-november-end-says-mega-whale-james-wynn/" rel="noopener noreferrer nofollow">Zcash Price Will Crash By November End, Says Mega Whale James Wynn</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Zcash Price Will Crash By November End, Says Mega Whale James Wynn

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