Markets· ★★★· bearish·

Zcash Falls 7% to $1,218 as $26M in Liquidations Weigh on Price

  • —ZEC fell 6.96% to $1,218.44 on Binance, with a 24-hour range of $1,123–$1,315
  • —Market cap dropped to about $20.6 billion on a supply of 16.98 million coins
  • —ZEC futures open interest is near $2.4 billion, with $26 million liquidated
  • —NU7 testnet upgrade cuts block times to 25 seconds; mainnet decision due October 20
Why it matters: Liquidations are amplifying downside pressure, while the October 20 NU7 decision and a spot ETF filing could reshape ZEC liquidity and institutional demand.
#ZEC
Source: The Crypto Times
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