Grayscale is strengthening its bullish stance on Zcash, with Head of Research Zach Pandl expected to present the “Macro Case for Zcash” at Singapore’s Digital Asset Yield Summit. A new wallet withdrew 7,166 ZEC, valued at approximately $9.67 million, from Coinbase within 12 hours, reducing the token supply immediately available on the exchange. Despite ZEC’s ongoing price correction, the Spot Taker CVD indicator remained taker-buy dominant, indicating sustained demand across spot markets. ZEC found support at $1,295, with a significant liquidity cluster around $1,370-$1,380, while deeper structural support lies near $1,100.
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