High Net-Worth Crypto Holders Shifting Collateral Away from BTC

Dow Jones09-02

1112 ET - High net-worth borrowers using cryptocurrency as collateral for their loans are shifting away from bitcoin reliance, incorporating a wider mix that includes privacy-coin upstart Zcash. According to data from CoinRabbit compiled by CryptoQuant, bitcoin represents 30.5% of the crypto collateral for loans in 2026. That's down from 57.8% last year, with most of that collateral now seen in Zcash. Zcash now represents 24.2% of collateral, versus being essentially zero last year. XRP's share of the collateral mix has grown this year, to 26.9%, and monero now represents 6.2% of the mix, versus 2.6% last year. "ZEC's rise as collateral is related to the sharp price rally that it experienced, growing from $50 in September 2025 to $800 today," says CryptoQuant in its note.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment