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Trader Ansem Watches Zcash's Resilience if Crypto Markets Weaken Further

Earlier EconoTimes coverage found deposits to Zcash exchanges outpaced withdrawals in recent weeks, a pattern that may add selling pressure during a wider pullback.

Updated 1 min read
A passerby checks a smartphone on a busy sidewalk in Manhattan, New York. / TokenPost.ai
A passerby checks a smartphone on a busy sidewalk in Manhattan, New York. / TokenPost.ai

Ansem says he will watch ZEC’s relative performance if crypto markets fall further. He recently described the asset as having performed strongly.

Ansem described ZEC as one of the stronger performers in recent market trading. He pointed to Zcash’s privacy features, quantum-computing concerns and interest in blockchains that are less transparent. He said privacy could attract more attention as political and regulatory scrutiny of the crypto industry increases.

In earlier coverage of Zcash exchange inflows, EconoTimes reported that deposits to exchanges outpaced withdrawals in recent weeks, a flow pattern it said may add selling pressure during a wider pullback.

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