Shielded Zcash amount dropping a bit here
> currently below 4.82M ZEC shielded (29.4%)
> it's aligned with the price action (price follows)
> this is a one-week time frame chart
Healthy movement, imo - as many whales are sitting on >1,000% increased purchasing power, and it's expected that they want to realize some of that or rotate part of it to other assets
I would like to see these numbers growing above 5M again soon after some consolidation so we can have another healthy and sustainable growth in other areas (like price and adoption)
Shielded $ZEC is the chart that matters the most
(still a fantastic chart if you zoom out, btw - i'm bullish)
zillions
> currently below 4.82M ZEC shielded (29.4%)
> it's aligned with the price action (price follows)
> this is a one-week time frame chart
Healthy movement, imo - as many whales are sitting on >1,000% increased purchasing power, and it's expected that they want to realize some of that or rotate part of it to other assets
I would like to see these numbers growing above 5M again soon after some consolidation so we can have another healthy and sustainable growth in other areas (like price and adoption)
Shielded $ZEC is the chart that matters the most
(still a fantastic chart if you zoom out, btw - i'm bullish)
zillions