#ZcashExpectsNU7ToMake$16MSproutZECInaccessible The Zcash network is about to experience a massive, accidental supply reduction. Let's calculate the math 🧮👇
(NU7 Upgrade) - (Sprout Pool Support) = $16M Burned 🛑
The Macro Input:
(The Catalyst) = The upcoming NU7 network upgrade will permanently disable Version 4 transactions, which is the only way to withdraw from the legacy Sprout pool.
(The Impact) ➔ Over 12,226 ZEC (worth ~$16 million) still sitting in the pool will become completely unspendable. This effectively acts as a major network supply shock.
The Chart & Next Move:
(The Trend) = ZEC is trading bullishly at $1,322.04, holding strong above both the 7-day MA ($1,246.66) and 25-day MA ($1,220.16).
(The Pathway) ➔ Bulls are currently attacking the $1,352.39 daily resistance. A clean break above this zone clears the path back toward the massive $1,699.00 local peak. This $16M supply lock narrative could provide the exact momentum needed for continuation.
Will this supply shock trigger a massive breakout to $1,699, or is it already priced in? ❓👇💬
