Overview
- OKX said ZEC/USDT spot trading is scheduled to resume at 12:00 UTC on Nov. 24 with withdrawals opening two hours later.
- ZEC jumped more than 12% to trade near $600 after the announcement before giving back part of the gains on profit‑taking and liquidations.
- Price action cooled into Monday with ZEC fluctuating roughly between $531 and $606 and trading near the mid‑$530s as volumes declined.
- Derivatives activity eased alongside spot, with futures volume and open interest slipping, suggesting fewer large leveraged positions into the relist.
- The relist follows ZEC’s prior removal during a broader privacy‑coin purge, while institutional interest remains notable with Grayscale holding over $229 million in ZEC and Cypherpunk adding to reserves above 230,000 ZEC.