Zcash: $213M Migrates to Ironwood

Zcash native tokens worth more than $213 million have migrated to Ironwood according to Decrypt.

Price sits at $476.29 below both EMA50 at $488.28 and EMA200 at $487.16 confirming the bearish structure while MACD prints a golden cross at -5.5. With price testing upper Bollinger resistance at $495.13 and RSI at neutral 49.0, a healthy retracement toward the 50-EMA support near $488 appears probable before any continuation. This flow may reshape ZEC price prediction scenarios and crypto market crash hedging strategies in the current cycle.