Event Dime

Zcash Price Crashes 40% but ZEC Whale Bags 37K Coins, Recovery Ahead?

Arts & Culture
When:
June 5, 2026 · 8:59 PM
Where:
CoinGape: Crypto News, Project Reviews & Ratings, Market Analysis
Source:
CoinGape: Crypto News, Project Reviews & Ratings, Market Analysis

Zcash prices crashed over 40% today following a stunning revelation by developers. A severe vulnerability in the protocol’s Orchard shielded pool left the privacy coin exposed for more than four years, potentially allowing hackers to execute undetectable counterfeiting. This has sparked concerns, with many dumping their ZEC holdings. For context, BitMEX co-founder Arthur Hayes, who The post Zcash Price Crashes 40% but ZEC Whale Bags 37K Coins, Recovery Ahead? appeared first on CoinGape.

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