People keep wondering how the movement of $ZEC keeps spreading after every pullback.
The latest participant data makes it pretty clear why.
The mid-size CVD, which represents activity between $10K and $100K, is still registering new highs.
Retail-size transactions below $10K and institutional-size transactions between $100K and $10M are now buying aggressively alongside them.
The last time we covered this data, mid-size participants were doing nearly all of the rally while everyone else sat on the sidelines.
Now, for the first time during this run, all three groups are pushing upward together.
Pretty interesting how the participants that missed most of the rally since $400 are now being forced to buy $ZEC above $1,500.
The latest participant data makes it pretty clear why.
The mid-size CVD, which represents activity between $10K and $100K, is still registering new highs.
Retail-size transactions below $10K and institutional-size transactions between $100K and $10M are now buying aggressively alongside them.
The last time we covered this data, mid-size participants were doing nearly all of the rally while everyone else sat on the sidelines.
Now, for the first time during this run, all three groups are pushing upward together.
Pretty interesting how the participants that missed most of the rally since $400 are now being forced to buy $ZEC above $1,500.
