Starting tomorrow, coin holders will vote on whether to withdraw 50,000 ZEC from the grant treasury.
At current prices, that’s about $45.7 million, or roughly 55% of the treasury. In the same week, Grayscale’s ZCSH fund saw net outflows for three consecutive days, with the latest outflow at $4.06 million.
$ZEC contract rose 1.7% over 24 hours, with the current price at 913.6 and trading volume of 2.481 billion U.
Open interest rose from 450,300 to 454,500 over 24 hours, with its value increasing from about $407 million to $415 million.
The long/short ratio is 0.89, and the 8-hour funding rate is 0.0003%.
Key levels: resistance at 929.99, support at 861.00, invalidation at 800.67.
A move above 929.99 points to 968.44; a break below 861 would weaken the structure.
#PrivacyCoins
At current prices, that’s about $45.7 million, or roughly 55% of the treasury. In the same week, Grayscale’s ZCSH fund saw net outflows for three consecutive days, with the latest outflow at $4.06 million.
$ZEC contract rose 1.7% over 24 hours, with the current price at 913.6 and trading volume of 2.481 billion U.
Open interest rose from 450,300 to 454,500 over 24 hours, with its value increasing from about $407 million to $415 million.
The long/short ratio is 0.89, and the 8-hour funding rate is 0.0003%.
Key levels: resistance at 929.99, support at 861.00, invalidation at 800.67.
A move above 929.99 points to 968.44; a break below 861 would weaken the structure.
#PrivacyCoins
