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via The Block · By The Block Editorial

Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million

ZEC

ZEC/USDT

$1,006.86
+0.60%
24h Volume

$3,362,938,854.50

24h H/L

$1,050.70 / $963.19

Change: $87.51 (9.09%)

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
ZEC
ZEC
Daily

$1,006.00

-1.66%

Volume (24h): -

Resistance Levels
Resistance 3$1,266.16
Resistance 2$1,109.09
Resistance 1$1,052.57
Price$1,006.00
Support 1$959.4339
Support 2$888.37
Support 3$791.2616
Pivot (PP):$1,002.25
Trend:Uptrend
RSI (14):77.4
TB
The Block Editorial
(11:35 AM UTC)
1 min read
SC
Reviewed bySarah Chen

Zcash extended its recent selloff beyond 50% on Friday to roughly $310 as a critical counterfeiting vulnerability disclosed earlier this week continued to weigh on sentiment.

ZEC fell as much as 60% at one point, from around $630 on Thursday to as low as roughly $250 on Friday, before recovering some losses, while liquidations surpassed $116 million — the third-largest among cryptocurrencies…

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Source

The Block Editorial · The Block

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