$ZEC #ZecFall A major crash due to a vulnerability in security software, where the crypto watchers had been monitoring the currency for four years without anyone knowing, then the pigeons flew away for good. This caused big investors (Whales) to exit: Influential crypto investors like Arthur Hayes (founder of BitMEX) announced they sold all their ZEC holdings immediately and closed their positions. This swift institutional exit triggered a wave of panic selling among retail investors. [1, 2, 3]
Futures liquidation massacre: The rapid drop led to the liquidation of long positions in ZEC valued at nearly $100 million in a single day. [1]
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