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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

$446.97

-4.85%

$446.97

-4.85%

(24s)

24h Volume

$1,048,469,463.95

24h H/L

$477.09 / $440.00

Change: $37.09 (8.43%)

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$451.12

▼ -1.06%

Volume (24h): -

Resistance Levels

Resistance 3$585.9061

Resistance 2$504.1876

Resistance 1$466.28

Price$451.12

Support 1$446.79

Support 2$389.4112

Support 3$307.6739

Pivot (PP):$449.28

Trend:Sideways

RSI (14):46.2

The Block Editorial

(11:35 AM UTC)

1 min read

Reviewed bySarah Chen

932 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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