Zcash hits eight-year high near $850 with futures volume near $10 billion amid Grayscale ETF push
CoinGlass recorded nearly $10 billion in 24-hour futures volume and $1.76 billion in open interest, indicating that derivatives made up much of the trading.
What happened
CoinGlass recorded nearly $10 billion in 24-hour futures volume and $1.76 billion in open interest, indicating that derivatives made up much of the trading.
Why it matters
The development may affect regulated access, liquidity and institutional exposure around Crypto.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- The BlockPrimary source · Supports · EN · 100%Zcash hits eight-year high near $850 with futures volume near $10 billion amid Grayscale ETF push ↗
Claims
- Zcash hits eight-year high near $850 with futures volume near $10 billion amid Grayscale ETF push Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.
Score explanation
Confidence · formula confidence-2.1.0
Source trust87
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude57
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency63
capital magnitude55
Ranking · formula rank-1.0.0
Confidence factor0.8515
Freshness factor0.9977
Breaking bonus0