$ZEC After a sharp rally, ZEC has reversed from the $1.445 level to $1.405, wiping out approximately $570k in long positions. The fact that open interest across the market remains at $2.1 billion indicates that positions on ZEC are still very substantial.
On the ecosystem front, ZEC has just finalized $8.39 million for 17 proposals—including $1.5 million allocated specifically to the Orchard sector. Meanwhile, Tachyon and the NU7 upgrade continue to progress according to schedule.
