$ZEC Selling pressure: ZEC fell about 2% over 24 hours, with $10.2 million worth of leveraged trading positions liquidated, according to today's report.
🟢 Important update coming: The project is awaiting a decision on the NU7 upgrade on October 20. The upgrade aims to reduce block production time from 75 to 25 seconds.
🔴 Negative institutional flows: Grayscale's ZEC fund recently recorded outflows, weighing on investor sentiment.
Key level: Support near $1,093
🟢 Important update coming: The project is awaiting a decision on the NU7 upgrade on October 20. The upgrade aims to reduce block production time from 75 to 25 seconds.
🔴 Negative institutional flows: Grayscale's ZEC fund recently recorded outflows, weighing on investor sentiment.
Key level: Support near $1,093