A notable withdrawal of approximately 1% of the total ZEC from Zcash's shielded Orchard pool has been reported. The pool, which theoretically holds 3.88 million ZEC valued at $1.65 billion, experienced this significant transaction amidst a period of recovery for ZEC.
Zcash's native cryptocurrency, ZEC, has seen a remarkable 70% price increase since hitting a low following the discovery of the Orchard Pool Exploit. This surge reflects renewed investor confidence despite recent vulnerabilities.
Significant Withdrawal from Zcash's Orchard Pool Amidst Price Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
