Holy crap, the $ZEC contract did about 10.22 million trades in a day.
On Binance, the ZECUSDT perpetual recorded about 3.28 billion USDT in volume.
Current price is about 1180, with an intraday low around 1054 and a high around 1218.
The price increase is only about +4.5%, yet the number of trades went absolutely crazy.
Open positions are still around 505,000 ZEC.
Market cap is about 19.3 billion, ranking around #10—trending at the top of the search list.
It’s not the size of the price move that’s scary—it’s the trading volume that makes people stare.
$ZEC
On Binance, the ZECUSDT perpetual recorded about 3.28 billion USDT in volume.
Current price is about 1180, with an intraday low around 1054 and a high around 1218.
The price increase is only about +4.5%, yet the number of trades went absolutely crazy.
Open positions are still around 505,000 ZEC.
Market cap is about 19.3 billion, ranking around #10—trending at the top of the search list.
It’s not the size of the price move that’s scary—it’s the trading volume that makes people stare.
$ZEC
