ZEC at $1,316: $93.6M ETF outflows weigh on price amid thin volume
- —ZEC at $1,316.59, down 0.07% from the prior close
- —Daily volume of $609.6M is 58.56% below the 30-day average
- —ETF outflows tied to Zcash reached $93.6M
- —MACD is bearish, but price remains above the 50-, 90- and 200-day SMAs
Why it matters: ETF outflows weaken institutional demand, but the long-term structure stays bullish — a volume rebound is needed to confirm any reversal.
Source: DiarioBitcoin