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via BeInCrypto · By BeInCrypto Editorial
Zcash Jumps 6%, But On-Chain Data Flashes a Warning
ZEC
ZEC/USDT
$1,527.03
-3.35%
$1,527.03
-3.35%
(24s)24h Volume
$2,576,097,166.33
24h H/L
$1,625.00 / $1,515.00
Change: $110.00 (7.26%)
Funding Rate
+0.0049%
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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