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Alex Richardson

Weekly recap: Forward Industries moves 455,784 SOL, Zcash patches Orchard bug, Binance cites $5T equity potential

Forward Industries transferred 455,784 SOL (about $31.87 million) to Coinbase Prime, drawing attention to potential additional sell pressure while the firm is described as $1.13B underwater. Zcash took a hit as developers fixed an Orchard shielded-pool flaw patched on June 1 and Arthur Hayes said he sold his entire ZEC position, with prices reported down sharply. Separately, large U.S. banks were reported to be exploring a tokenized deposit network targeting a 2027 launch, while Binance Research projected exchanges could route up to $5 trillion of new equity capital into markets over five years.
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SOL+4.06%
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