Zcash entered CoinMarketCap's top 10 after ZEC climbed about 20% on Sept. 4, touching $1,023, its highest reported level in nearly a decade. The privacy coin rose from roughly $828 at the start of the session, while approximately $34.5 million in short positions were liquidated, accounting for most of the roughly $36.6 million in forced ZEC closures. Garrett Jin reportedly lost more than $18.5 million on a 32,760-ZEC short as the rally passed his liquidation level. Trading volume reached about $1.2 billion over 24 hours, ZEC's market capitalization approached $17 billion and futures open interest stood near 2.3 million ZEC, valued at roughly $2.3 billion. The advance followed the Aug. 25 NYSE Arca debut of Grayscale's Zcash ETF, ZCSH, which has risen about 25% since launch and traded around record highs between $77 and $80. Grayscale reported $414.7 million in fund assets, while Cypherpunk Technologies disclosed ownership of 323,394.38 ZEC. Zcash's shielded supply reached about 4.86 million ZEC, or approximately 29% of total supply.