JetCash Moves 117.6 Billion Won to Ironwood

Approximately 176,000 ZEC (about $81 million, roughly 117.6 billion won) has been transferred to JetCash's new privacy pool, Ironwood. This flow emerged just one day after the upgrade was activated, resulting from the blockage of new deposits into the existing Orchard pool. About 5% of the total 3.66 million ZEC in the Orchard pool has been moved, reducing the current balance to approximately 3.51 million ZEC. JetCash manages funds on a pool basis, with each pool reflecting generational privacy technology. Ironwood is a new pool created with a new structure rather than an upgrade of the existing pool. The Orchard pool cannot accept new deposits, and internal assets can only be withdrawn within the verified deposit range according to the turnstile rule. The movement to Ironwood is voluntary, and the speed of conversion may vary depending on the response time of individual investors and exchanges. Currently, a significant portion of JetCash's privacy volume remains in the closed pool, and in the short term, changes in liquidity and network usage patterns may impact prices and market sentiment.

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