Zcash loses $1,000 as dormant wallets ship ZEC cash to exchanges

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Zcash fell beneath $1,000 as leveraged merchants deserted bullish positions and promoting stress intensified. Knowledge from CoinMarketCap confirmed ZEC at roughly $965 on Nov. 12, after a 24-hour low close to $953. The decline has uncovered vulnerabilities in ZEC's market construction, with analysis displaying heavy promoting throughout derivatives exchanges and contemporary deposits from beforehand inactive wallets.…

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