According to Satoshi Index, the long position ratio of top traders over the past 24 hours has increased to 81%, up from earlier in the morning. In contrast, the 7-day and 30-day groups maintained a significant short position ratio of 91%. While BTC and ETH saw slight gains, the unrealized P&L for the 24-hour group remained in the red.

Over the past 24 hours, the cryptocurrency market experienced liquidations totaling $152.55 million in leveraged positions, with long positions accounting for 70.55% of the total. Significant liquidations occurred across major assets, including Bitcoin and Ethereum.

Zcash (ZEC) fell 2.22% to $1325 as of 12:47 PM on the 7th, compared to one hour prior. This is a 2.81% increase compared to 24 hours ago. During the same period, Zcash long position liquidations amounted to $140,000, and short position liquidations were $10,000.

In the altcoin spot ETF market, ZEC recorded net inflows, while SOL, LINK, and HYPE experienced net outflows. Several other altcoin ETFs, including XRP, Dogecoin, and Avalanche, maintained a neutral trend.

U.S. spot ZEC ETFs saw $1.77 million in net inflows on November 6th, with the Zcash ETF (ZCSH) being the sole contributor. This brings the ETF's cumulative net inflows to $209 million, with total net assets reaching $772 million.

The Zcash network has reduced its block generation target interval from 75 seconds to 25 seconds through the NU7 upgrade. This adjustment has led to changes in block subsidies and transaction fee distribution, and has restricted the use of older v4 transaction balances in the Sprout pool.

According to Satoshi Index analysis, the long position ratio among top 24-hour traders has significantly increased to 75%. In contrast, the 7-day and 30-day groups continue to maintain a high short position ratio of 89-92%. This indicates a difference in positioning strategies between short-term and long-term traders.

At Devcon 8, Nym presented a practical demonstration of connecting Ethereum wallets and RPC nodes with the mixnet SDK. The mixnet is a technology that obscures network information when accessing wallets, and the SDK can be applied to communication between apps and servers. There is a case of Zcash wallet integration, and the focus is on protecting network paths.

The Zcash network upgrade NU7 has been activated, reducing the block interval from 75 seconds to 25 seconds. Consequently, approximately 21.6 billion won worth of Zcash remaining in the old Sprout pool has become unusable.

Over the past 24 hours, leveraged positions worth $298.41 million have been liquidated in the cryptocurrency market, with long positions accounting for 80% of the total. Bitcoin recorded the largest liquidation volume at $111.29 million.

Zcash (ZEC) has activated its NU7 upgrade on the mainnet. This upgrade shortens the block target interval from the previous 75 seconds to 25 seconds.

Cryptocurrencies experienced a significant downturn due to U.S. regulatory concerns, a tech sell-off, strong jobs data, and a stronger dollar. Bitcoin and Ethereum saw substantial liquidations and outflows from their spot ETFs.

As of 11:40 PM on the 6th, Zcash (ZEC) was trading at $1378, up 4.98% from an hour earlier. During the same period, liquidations of Zcash-related short positions on exchanges like Binance, Bybit, and OKX reached $4.51 million, driving the price increase.

According to Coinnce Market, ZEC has risen 3.26% in the last 5 minutes and is currently trading at $1,362.32.

Grayscale's Zcash ETF has seen an increase in issued shares, but a separate dashboard tracking net outflows shows discrepancies. Meanwhile, the Zcash NU7 upgrade has been activated, shortening block generation intervals and implementing a network sustainability mechanism.

Zcash (ZEC) has risen 3.84% compared to 4 hours ago, reaching $1310 (approximately 1.77 million KRW). This is based on the Binance spot ZEC/USDT price and represents a 1.18% increase over the last 24 hours. Its market cap ranking is 10th.

Bitcoin has recovered to the $76,000 level, but this is seen as a temporary easing of selling pressure. Declines in AI-related stocks and outflows from US ETFs are weighing on market sentiment. Recovering $77,000 is key to further upside.

Bitcoin reclaimed $76,000 after a 6% drop, but analysts see it as easing selling pressure, not a trend reversal. ETF outflows and stock market weakness add to concerns.

US spot crypto ETFs experienced over $500 million in outflows on Thursday, with Bitcoin and Ethereum funds leading the decline amid a broader market selloff post-midterm elections.