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The sharp drop on October 7 is usually the result of multiple pressures erupting simultaneously:
📉 Direct trigger: Large-scale ETF fund outflows
After ZEC surged over 250% from $480 in August, institutional funds began to withdraw. Grayscale's Zcash ETF (ZCSH) saw a net outflow of up to $93.56 million in the week ending October 2, marking its first negative growth week since its launch at the end of August. A large amount of ETF shares were redeemed and re-entered the market,
Zastrzeżenie: Treść na OKX Orbiter ma charakter wyłącznie informacyjny. Dowiedz się więcej
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