$ZEC fell 7.8% today on about 212 million dollars of volume.
ZEC also sits at the center of the Ledger-linked theft story, which keeps privacy coins in the headlines and volume elevated.
📌 What happened
ZEC fell 12.58% on October 8 and has stayed volatile. It also appeared in the Ledger-related theft story, where KuCoin said stolen funds were bridged into ZEC via NEAR Intents.
🔍 Why it matters
• Volume of 212 million dollars is among the highest of the day's big movers.
• Privacy coins draw attention when funds move through them, for good or bad reasons.
• In June the price had fallen from 624 to about 303 after the Orchard bug.
👀 What to watch
• Any exchange or regulator comment on privacy coin flows.
• Risk: sudden volume spikes can reverse quickly.
💬 ZEC next: higher, lower or flat this week? One word.
#PrivacyCoins #ZcashOrchard
ZEC also sits at the center of the Ledger-linked theft story, which keeps privacy coins in the headlines and volume elevated.
📌 What happened
ZEC fell 12.58% on October 8 and has stayed volatile. It also appeared in the Ledger-related theft story, where KuCoin said stolen funds were bridged into ZEC via NEAR Intents.
🔍 Why it matters
• Volume of 212 million dollars is among the highest of the day's big movers.
• Privacy coins draw attention when funds move through them, for good or bad reasons.
• In June the price had fallen from 624 to about 303 after the Orchard bug.
👀 What to watch
• Any exchange or regulator comment on privacy coin flows.
• Risk: sudden volume spikes can reverse quickly.
💬 ZEC next: higher, lower or flat this week? One word.
#PrivacyCoins #ZcashOrchard