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via BeInCrypto · By BeInCrypto Editorial
Zcash Jumps 6%, But On-Chain Data Flashes a Warning
ZEC
ZEC/USDT
$1,012.19
+2.56%
$1,012.19
+2.56%
(24s)24h Volume
$2,393,368,622.24
24h H/L
$1,050.70 / $967.00
Change: $83.70 (8.66%)
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(10:27 AM UTC)
1 min read
Zcash (ZEC) is trading near $432, up about 6% today but down roughly 30% over the past month following the Orchard pool bug. The headline news settled by June 6, but on-chain data shows the damage is still moving through the network.
A critical flaw in Zcash’s Orchard shielded pool, disclosed June 5 but proactively patched days earlier, drove the crash. With price stabilizing, the deeper story now…
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