Zcash’s Orchard pool sees major withdrawal after 70% rebound

An unknown address on Wednesday withdrew roughly 1% of all ZEC held in Zcash’s shielded Orchard pool, coming six days after ZEC began a rally that followed a 38% price collapse triggered by discovery of a long-running vulnerability in the privacy pool. The withdrawal rekindles security and concentration concerns in the crypto community, fueling speculation about who controls large balances and posing renewed downside risk to ZEC adoption and price.