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Zcash loses $1,000 as dormant wallets send ZEC coins to exchanges

12.11.2026
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Zcash fell below $1,000 as leveraged traders abandoned bullish positions and selling pressure intensified. Data from CoinMarketCap showed ZEC at approximately $965 on Nov. 12, after a 24-hour low near $953. The decline has exposed vulnerabilities in ZEC's market structure, with research showing heavy selling across derivatives exchanges and fresh deposits from previously inactive wallets.…

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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