Cypherpunk Technologies grew its Zcash treasury to 323,394 $ZEC in Q2, representing roughly 1.92% of ZEC’s circulating supply. That’s a significant position for one company and shows growing interest in Zcash as a treasury asset. Holding nearly 2% of the circulating supply also means Cypherpunk’s accumulation could become increasingly relevant to ZEC’s available market liquidity. If the company continues buying, the impact on supply dynamics could become even more noticeable. #Macro Insights# #Zcash #ZEC