🚨 BREAKING: $ZEC Drops 11% and Loses Top-10 Spot Two Days Before NU7 Upgrade
📉 Zcash ($ZEC ) fell about 11% to roughly $1,130 on Nov 3 (CoinGecko), leading major losses as $BTC slipped below $77K. Later reports show a smaller 6-7% drop, and ZEC lost its top-10 spot to Hyperliquid.
💥 ZEC liquidations hit $14.55M, with over 85% from long positions, and an on-chain analyst flagged a large holder who lost $5.84M over four days.
🏛️ A dispute over who controls the Zcash Community Grants pool (about 91,500 ZEC) is also weighing on sentiment.
🔜 The NU7 upgrade is scheduled to activate Nov 5. Analysts say a close below $1,126 could open a move toward $1,000.
⚠️ High volatility. DYOR. Not financial advice.
#ZEC #Zcash #NU7 #BinancePick #CryptoNews
📉 Zcash ($ZEC ) fell about 11% to roughly $1,130 on Nov 3 (CoinGecko), leading major losses as $BTC slipped below $77K. Later reports show a smaller 6-7% drop, and ZEC lost its top-10 spot to Hyperliquid.
💥 ZEC liquidations hit $14.55M, with over 85% from long positions, and an on-chain analyst flagged a large holder who lost $5.84M over four days.
🏛️ A dispute over who controls the Zcash Community Grants pool (about 91,500 ZEC) is also weighing on sentiment.
🔜 The NU7 upgrade is scheduled to activate Nov 5. Analysts say a close below $1,126 could open a move toward $1,000.
⚠️ High volatility. DYOR. Not financial advice.
#ZEC #Zcash #NU7 #BinancePick #CryptoNews
