Zcash (ZEC) has fallen ~7% in 24h and ~40% month-over-month while top 100 addresses — which control ~70% of supply — reduced their ZEC stakes by ~38% over the past seven days with further selling in the last 24h and increased exchange inflows. Technicals show a bearish flag-and-pole pattern and a four-month RSI bearish divergence; a measured breakdown of the flag could imply a ~66% decline. Smart-money indicators show no meaningful accumulation; analysts note a breakout above resistance would negate the bearish case while a breakdown below key support would likely accelerate losses.

ZEC price is down ~7% (24h) and ~40% (MoM); on-chain data shows top 100 addresses hold ~70% of supply and reduced stakes by ~38% over seven days with further selling and increased exchange inflows; technicals identify a bearish flag-and-pole and a four-month RSI divergence and a measured move could imply ~66% decline; smart-money indicators show no significant accumulation.