Zcash ($ZEC) has fallen about 60% from its November 2025 excessive, extending a multi-month decline and reversing a lot of the asset's fourth-quarter positive factors.
The privacy-focused coin, which was the best-performing large-cap crypto asset in 2025, began trending decrease in December, shortly after Winklevoss-backed Zcash treasury agency Cipherpunk Applied sciences final disclosed. $ZEC That is my third buy since its launch.
Cypherpunk was based in November as a Zcash-focused finance firm, however final reported an acquisition. $ZEC On December 30, 2025, your property can be 290,062.67. $ZEC. Since then, the spot value of Zcash has fallen by greater than 50%.
The corporate has not introduced any new purchases, and its complete holdings have remained unchanged since then, in accordance with CoinGecko information.

$ZEC Owned by Cypherpunk Applied sciences. Supply: CoinGecko
Based on the information, the corporate paused accumulation after reaching roughly 1.76%. $ZECcomplete provide of. Cypherpunk stated it goals to construct a place equal to five% of the token provide.

$ZEC Costs since Cypherpunk's final public buy publication on December thirtieth. Supply: CoinGecko
On common $ZEC The acquisition value was roughly $334, and Cypherpunk Applied sciences has an unrealized lack of $25.73 million, down 26.5%. $ZEC On the time of writing, it’s buying and selling at round $245.
$ZEC This fall started a multi-month rally that started in late September and peaked at $700 in mid-November. Privacycoin has regained a lot of its positive factors in 2025, however remains to be buying and selling at almost 400% greater than its pre-September rally.
Defiant has reached out to Cypherpunk for clarification on DAT's plans, however has not obtained a response as of press time.

Cypherpunk Applied sciences Inc. 6-month inventory value. Supply: Google Finance
In the meantime, Cypherpunk's inventory value has fallen about 40% over the previous 30 days, in accordance with Google Finance information, however remains to be greater than 100% greater than it was in November, earlier than the corporate rebranded from biotech firm Leap Therapeutics, Inc. to Zcash DAT.
Proceed BuyingTop DAT
cypherpunk tempo $ZEC This buy stands out in comparison with extra aggressive digital asset treasury (DAT) methods in different cryptocurrencies. The unique and largest DAT, Michael Saylor's Technique, has been shopping for BTC weekly for over a 12 months, with a couple of exceptions.
Based on firm information, Technique's unrealized losses have ballooned to about $4.36 billion amid the market downturn, however the firm has maintained its tempo of accumulation, making 5 Bitcoin purchases up to now by way of 2026.
Tom Lee's BitMine, the most important Ethereum DAT, has saved tempo with the identical numbers up to now this 12 months. $ETH Buy with information from DefiLlama. Bitmine's unrealized losses reached $6 billion in spot worth this week. $ETH It was lower than $2,000.
Gemini, the crypto trade based by the Winklevoss twins, introduced this week that it’s going to restructure its enterprise as Cypherpunk's inventory value tumbles and paper losses mount.
The corporate stated in a weblog publish on Thursday, Feb. 5, that it plans to chop about 25% of its remaining workforce and exit Europe, the U.Okay. and Australia because it doubles down on its U.S. market attain.

