Zcash slides from $1,315 to $1,185 ahead of October 20 NU7 decision
- —ZEC fell 8.16% in 24 hours to $1,184.90 and 14.16% over the week
- —Binance intraday range: $1,315.44 high to $1,123.43 low, a 17% swing
- —Long liquidations of $17.4–26 million hit Binance, Bybit and OKX
- —ZEC futures open interest near $2.4 billion against a $19.35 billion market cap
Why it matters: The $1,123 level will determine whether the drop stays a correction within the multi-month uptrend or opens the way lower.
Source: CryptoTicker