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Zcash to freeze $16 million in ZEC still sitting in its oldest Sprout pool

Zcash to freeze $16 million in ZEC still sitting in its oldest Sprout pool
AI summary

Zcash is set to freeze roughly $16 million worth of ZEC held in Sprout, its original 2016 privacy pool. About 12,200 ZEC remains there, with around 10,000 coins exiting over the past week but only about 40 moving out on Wednesday. Traders holding legacy Sprout funds face a deadline to migrate or lose access, a supply and liquidity event specific to ZEC.

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