Zcash sees $7.06M outflow in 5 hours, outpacing Solana
- —Zcash outflow hit $7.06M versus $2.71M for Solana and $2.52M for ETH
- —BTC drew $13.25M in inflows, ETH $8.53M and XRP $7.41M
- —Stablecoin flows included $31.35M in USDT and $11.3M in USDC
- —Fiat exits totaled $8.19M in USD and $2.87M in KRW
Why it matters: Heavy Zcash outflows during its rally may point to profit-taking by large holders.
Source: TokenPost