Zcash $ZEC is trading around $1,581, down about 3.5% in 24 hours, after reaching an intraday high near $1,611. The pullback comes alongside significant long liquidations, showing that short-term traders are taking profits and leverage is being flushed from the market.
The bigger picture remains driven by strong institutional interest. Grayscale’s Zcash ETF has attracted more than $233M in inflows since its August launch, while the planned 3-for-1 ETF share split takes effect September 30. ZEC’s next move will depend on whether buyers can absorb current profit-taking and reclaim the $1,600–$1,620 area. A sustained break above that zone could improve momentum, while losing the $1,500 area would signal increased downside risk.
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#QNTFallsOver40%FromMorningHigh
#UKFCAWinsCourtOrderToRecover851400Pounds
The bigger picture remains driven by strong institutional interest. Grayscale’s Zcash ETF has attracted more than $233M in inflows since its August launch, while the planned 3-for-1 ETF share split takes effect September 30. ZEC’s next move will depend on whether buyers can absorb current profit-taking and reclaim the $1,600–$1,620 area. A sustained break above that zone could improve momentum, while losing the $1,500 area would signal increased downside risk.
#BitgetDetailsSecurityIncidentTimeline
#QNTFallsOver40%FromMorningHigh
#UKFCAWinsCourtOrderToRecover851400Pounds