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听澜321
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$ZEC Lately, it really has gone wild—up nearly 26x in a year, with its market cap straight into the top ten 🤯🤯
But as for why this surge happened, I personally think it’s mainly because it was “suppressed and squeezed out,” not because the fundamentals suddenly got much better 🤫
I think the biggest trigger was Grayscale Trust turning into an ETF.
At the end of August, Grayscale converted its Zcash trust into a spot ETF (code: ZCSH). Regular retail investors can now buy ZEC directly through their brokerage accounts.
Just under two weeks after listing, it pulled in nearly $500 million in inflows—injecting “fresh blood” into a relatively small-cap coin ~
Of course, having an ETF alone isn’t enough—the real accelerator is “short-squeeze.”
As this coin rallies, anyone shorting gets blown up one after another. Forced liquidations mean they have to buy back—and when they buy back, it pushes the price higher, blowing up even more shorts.
According to the data, on one of those liquidation days, 98% of the positions liquidated were shorts.
Even F2Pool’s co-founder directly said this is a “narrative-driven short squeeze,” and has little to do with actual users’ behavior or usage ~
Plus, Paradigm bigwig(s) came out to claim they do indeed hold ZEC.
On September 16, Paradigm co-founder Matt Huang posted that Paradigm is both an investor in the Zcash development lab (ZODL) and also holds ZEC tokens in a very real way—calling Zcash a “privacy complement to Bitcoin.”
As soon as this news hit, ZEC jumped by more than 20% that day, racing toward around $1,400…
Personally, I think this is a “bullish news already priced in” style call.
It’s not that it went up because Paradigm said so—rather, it went crazy and only then did it let you know “the big guys are on the train too.”
Institutional endorsement definitely adds fuel to the bulls, but think about it yourself: where is the cost basis for those big players? If you enter now, who are you helping carry the load?
So everyone, don’t get swept up—be cautious when entering ~
What do you think? Feel free to leave your valuable thoughts in the comments 🥳
#Paradigm披露持有ZEC
But as for why this surge happened, I personally think it’s mainly because it was “suppressed and squeezed out,” not because the fundamentals suddenly got much better 🤫
I think the biggest trigger was Grayscale Trust turning into an ETF.
At the end of August, Grayscale converted its Zcash trust into a spot ETF (code: ZCSH). Regular retail investors can now buy ZEC directly through their brokerage accounts.
Just under two weeks after listing, it pulled in nearly $500 million in inflows—injecting “fresh blood” into a relatively small-cap coin ~
Of course, having an ETF alone isn’t enough—the real accelerator is “short-squeeze.”
As this coin rallies, anyone shorting gets blown up one after another. Forced liquidations mean they have to buy back—and when they buy back, it pushes the price higher, blowing up even more shorts.
According to the data, on one of those liquidation days, 98% of the positions liquidated were shorts.
Even F2Pool’s co-founder directly said this is a “narrative-driven short squeeze,” and has little to do with actual users’ behavior or usage ~
Plus, Paradigm bigwig(s) came out to claim they do indeed hold ZEC.
On September 16, Paradigm co-founder Matt Huang posted that Paradigm is both an investor in the Zcash development lab (ZODL) and also holds ZEC tokens in a very real way—calling Zcash a “privacy complement to Bitcoin.”
As soon as this news hit, ZEC jumped by more than 20% that day, racing toward around $1,400…
Personally, I think this is a “bullish news already priced in” style call.
It’s not that it went up because Paradigm said so—rather, it went crazy and only then did it let you know “the big guys are on the train too.”
Institutional endorsement definitely adds fuel to the bulls, but think about it yourself: where is the cost basis for those big players? If you enter now, who are you helping carry the load?
So everyone, don’t get swept up—be cautious when entering ~
What do you think? Feel free to leave your valuable thoughts in the comments 🥳
#Paradigm披露持有ZEC
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.