$ZEC fell 7.8% today on about 212 million dollars of volume.
ZEC also sits at the center of the Ledger-linked theft story, which keeps privacy coins in the headlines and volume elevated.
đ What happened
ZEC fell 12.58% on October 8 and has stayed volatile. It also appeared in the Ledger-related theft story, where KuCoin said stolen funds were bridged into ZEC via NEAR Intents.
đ Why it matters
âą Volume of 212 million dollars is among the highest of the day's big movers.
âą Privacy coins draw attention when funds move through them, for good or bad reasons.
âą In June the price had fallen from 624 to about 303 after the Orchard bug.
đ What to watch
âą Any exchange or regulator comment on privacy coin flows.
âą Risk: sudden volume spikes can reverse quickly.
đŹ ZEC next: higher, lower or flat this week? One word.
#PrivacyCoins #ZcashOrchard
ZEC also sits at the center of the Ledger-linked theft story, which keeps privacy coins in the headlines and volume elevated.
đ What happened
ZEC fell 12.58% on October 8 and has stayed volatile. It also appeared in the Ledger-related theft story, where KuCoin said stolen funds were bridged into ZEC via NEAR Intents.
đ Why it matters
âą Volume of 212 million dollars is among the highest of the day's big movers.
âą Privacy coins draw attention when funds move through them, for good or bad reasons.
âą In June the price had fallen from 624 to about 303 after the Orchard bug.
đ What to watch
âą Any exchange or regulator comment on privacy coin flows.
âą Risk: sudden volume spikes can reverse quickly.
đŹ ZEC next: higher, lower or flat this week? One word.
#PrivacyCoins #ZcashOrchard