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Bit_Danu
$ZEC ⚡: Strong Rally, But Leverage Is Driving It
$ZEC surged from $996 → $1,184, up around 13% in 24H, with nearly $50M in shorts liquidated.
The key concern: futures volume (~$1.15B) is roughly 9× spot volume (~$126M), while funding has turned negative.
Institutional interest is growing, but this move still looks heavily derivatives-driven.
At these levels, I’d rather watch than chase.
The next confirmation should come from stronger spot demand.
#ZEC #Zcash #Crypto #OKX
#BTCGoldCorr+0.50
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