Zcash (ZEC) experienced a 24% price drop amid a broader market slip below $2.9 trillion, driven by $236.6 million derivatives outflows and declining open interest, despite $72 million in spot retail accumulation signaling potential undervaluation. Spot accumulation hit $72 million, indicating retail investors buying the dip and viewing ZEC as undervalued after its 1,000% year-to-date [...]
