Markets· ★★★· bullish·

Zcash at $1,482: open interest hits $2.32 billion, target $1,800

  • ZEC trades near $1,482, with a daily high of about $1,530
  • Open interest in ZEC rose to $2.32 billion
  • Liquidations: $4.11 million in longs and $968,000 in shorts
  • NU7: testnet on October 6, mainnet on November 5, 25-second blocks
Why it matters: Rising open interest and inflows into ZEC support the rally, but the high leverage load threatens sharp volatility if $1,500 is lost.
Source: Coinpedia