ZEC funding direction suddenly shifts! Can the ETF withstand it too?
Just now, a notable signal appeared in the Zcash spot ETF:
Net outflows of up to $93.6 million in a single week!
This is the first time since the Zcash spot ETF launched that it has recorded weekly net outflows.
Previously, funds kept pouring in, and the market was highly focused on the ZEC ETF narrative. Now, as capital begins to withdraw, it suggests that short-term investor sentiment is changing.
But the question is👇
Is this institutions taking profits?
Or is the ZEC market entering a correction phase?
Can ETF capital return again?
For ZEC, the next key indicators will be the ETF capital flows and price support.
Outflows ≠ the market is definitely over, but at least it shows that the market is starting to split in opinions.
Do you think ZEC will bounce back next, or will it keep pulling back?
#zec #zcash
#Zcash现货ETF首现周度净流出9360万美元
Just now, a notable signal appeared in the Zcash spot ETF:
Net outflows of up to $93.6 million in a single week!
This is the first time since the Zcash spot ETF launched that it has recorded weekly net outflows.
Previously, funds kept pouring in, and the market was highly focused on the ZEC ETF narrative. Now, as capital begins to withdraw, it suggests that short-term investor sentiment is changing.
But the question is👇
Is this institutions taking profits?
Or is the ZEC market entering a correction phase?
Can ETF capital return again?
For ZEC, the next key indicators will be the ETF capital flows and price support.
Outflows ≠ the market is definitely over, but at least it shows that the market is starting to split in opinions.
Do you think ZEC will bounce back next, or will it keep pulling back?
#zec #zcash
#Zcash现货ETF首现周度净流出9360万美元