The post ZEC Crashes 22% as Traders Bleed, Analyst Targets Sub-$200 appeared on BitcoinEthereumNews.com.

Key Notes ZEC plunged nearly 22% in one day and lost a long-term trendline. A major long position worth $7.3M now sits on over $4.4M in unrealized losses. Analyst Crypto Patel warns ZEC may eventually fall below $200. Zcash ZEC $364.4 24h volatility: 20.0% Market cap: $5.99 B Vol. 24h: $1.10 B recorded a whopping 22% fall within a single day, as prices dropped toward the $360 zone. The crash put pressure on traders who entered aggressive positions at higher levels and turned what once looked like a breakout to $10,000 into a deep correction. A notable wallet that opened a massive long position of 20,386 ZEC ($7.3 million) only nine days earlier is now deep under water, locked in $4.4 million of unrealized losses. As per Lookonchain, to avoid liquidation, the trader deposited another 1.5M USDC. The trader 0xCF90 who went long on 20,386 $ZEC($7.3M) 9 days ago is now sitting on over $4.4M in unrealized losses! To avoid liquidation, he deposited another 1.5M $USDC to Hyperliquid 2 hours ago.https://t.co/RClzPzgk9i pic.twitter.com/t0fbuE1PI7 — Lookonchain (@lookonchain) December 1, 2025   ZEC Price Analysis: Under $200? ZEC is trading almost 94% beneath its all-time high, seen over nine years ago. The pullback saw the altcoin breaking below the ascending trendline on the chart and leaving traders to reassess short-term expectations. Interestingly, analyst Crypto Patel, who previously alerted followers about the risks above the $700 area, pointed out that discipline rather than hope drives survival during drastic reversals. He now expects ZEC to reach under $200 after multiple price pullbacks. UPDATE: $ZEC Short Wins: How I Warned You Before the Crash Currently trading around $351, down ~50% from my entry warning above $700. Reminder: I repeatedly said not to enter longs at $700+ due to high risk. If you avoided chasing FOMO, you…

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Filed under: News - @ December 1, 2025 10:25 am