Grayscale ETF clients purchased $4.96 million worth of HYPE tokens according to a social media post by WhaleInsider on X.
Zcash (ZEC) has dropped 21% from its September peak of $1,698 to $1,333.50, driven by ETF outflows from Grayscale's newly launched ZCSH fund and sentiment concerns after suspected North Korean hackers routed $3.9 million through its shielded pool following the $387 million Bitget exchange hack. Technical indicators suggest this is a correction rather than a collapse, with the coin still up 253% from its base and potential support levels at $1,233 and $1,410.72.