$ZEC 在coinbase和binance存在5%巨大价差，我这两天一直在思考为什么
Zcash saw huge volume around the $600 level, but unlike after last year’s October 11 move, it still hasn’t broken out quickly.
I’m honestly confused. Even though I’m long-term bullish and really want to add more, I feel like there’s some force suppressing Zcash despite such massive buying pressure. I just don’t know what it is.
One possible explanation is that the market maker / whale bought tens of thousands of ZEC on Coinbase to prop up the price and create the impression that Wall Street giants were accumulating.
That would attract more long-side liquidity in futures — meaning they could find enough counterparties — while simultaneously shorting hundreds of thousands of ZEC on Binance.
Zcash saw huge volume around the $600 level, but unlike after last year’s October 11 move, it still hasn’t broken out quickly.
I’m honestly confused. Even though I’m long-term bullish and really want to add more, I feel like there’s some force suppressing Zcash despite such massive buying pressure. I just don’t know what it is.
One possible explanation is that the market maker / whale bought tens of thousands of ZEC on Coinbase to prop up the price and create the impression that Wall Street giants were accumulating.
That would attract more long-side liquidity in futures — meaning they could find enough counterparties — while simultaneously shorting hundreds of thousands of ZEC on Binance.
