#zec突破1600美元创新高
👉 链上锁了三成
After ZEC broke above $1,600, on-chain data was also brought to light.
Nearly 30% of the circulating supply is locked in the shielded pool.
About 5 million coins can’t be released.
Last week there were 62,000 shielded transactions, the highest in four years.
This demand has nothing to do with price—it’s real usage.
Balances at the exchanges are trending downward.
On the 18th, a large address deposited $15 million into the exchange.
This is the first time in ten months.
That coin holder has held since 2025 and up to now.
The unrealized gain is over $300 million.
The size of the shielded pool is still increasing.
Details of these transactions aren’t made public.
The exchange’s net inflow hasn’t expanded noticeably.
Short-seller stop-loss orders were swept in a concentrated way.
Price elasticity comes from a thinner float.
Transfers to exchanges are often seen as a precursor to selling.
Both the liquidity side and the usage side are moving.
For crypto, privacy demand is a slow-moving variable, while price is a fast-moving one.
Do you think this move is driven by narrative or by real demand? Let’s discuss in the comments.
👉 链上锁了三成
After ZEC broke above $1,600, on-chain data was also brought to light.
Nearly 30% of the circulating supply is locked in the shielded pool.
About 5 million coins can’t be released.
Last week there were 62,000 shielded transactions, the highest in four years.
This demand has nothing to do with price—it’s real usage.
Balances at the exchanges are trending downward.
On the 18th, a large address deposited $15 million into the exchange.
This is the first time in ten months.
That coin holder has held since 2025 and up to now.
The unrealized gain is over $300 million.
The size of the shielded pool is still increasing.
Details of these transactions aren’t made public.
The exchange’s net inflow hasn’t expanded noticeably.
Short-seller stop-loss orders were swept in a concentrated way.
Price elasticity comes from a thinner float.
Transfers to exchanges are often seen as a precursor to selling.
Both the liquidity side and the usage side are moving.
For crypto, privacy demand is a slow-moving variable, while price is a fast-moving one.
Do you think this move is driven by narrative or by real demand? Let’s discuss in the comments.
