cryptoinsight.cc

Live news

Back to news

Zcash is about to freeze $16 million in its oldest privacy pool

Published Source: CoinDeskRead original

Crypto Insight Summary: About 12,200 ZEC remains in Sprout, the privacy pool Zcash launched in 2016. Roughly 10,000 coins have left over the past week, but only about 40 moved out Wednesday. Crypto Insight Analysis: Direction: Bearish ZEC Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Freezing a legacy Zcash pool may reduce ZEC liquidity but is unlikely to affect the broader crypto market.

Crypto Insight

Data analytics for crypto investors worldwide

Privacy Policy

Crypto Insight v1.2

Zcash is about to freeze $16 million in its oldest privacy pool — Crypto Insight