Zcash (ZEC) rose above $880, reaching its highest level in nearly eight years, according to a Techub News flash citing Decrypt. At the same time, open interest in ZEC perpetual futures contracts climbed to $1.8 billion. The report said that figure was close to doubling, pointing to a sharp rise in outstanding derivatives positions alongside the token’s price move. No additional timeframe or venue breakdown was provided in the source note. The update was published by Techub News under its market analysis category.
Zcash (ZEC) rose above $880, marking its highest price in nearly eight years, according to a Techub News brief that cited Decrypt.
At the same time, open interest in ZEC perpetual futures contracts climbed to $1.8 billion. The report said the figure was close to doubling.
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