ZCash's weekly trading volume is $34 billion, while its market cap is only $850 million. That's a 40x ratio, whereas Bitcoin's is only 0.7x.
The Winklevoss twins have accumulated 865,000 ZEC through a dedicated fund company, after already holding 233,000. VanEck called it an OG crypto play on CNBC.
It's down 93% from its all-time high of $49. Either this is massive OTC accumulation marked on exchanges, or it's the biggest wash trading in history.
Either way, someone is setting up for something big.
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ZCash's weekly trading volume is $34 billion, while its market cap is only $850 million. That's a 40x ratio, whereas Bitcoin's is only 0.7x.
The Winklevoss twins have accumulated 865,000 ZEC through a dedicated fund company, after already holding 233,000. VanEck called it an OG crypto play on CNBC.
It's down 93% from its all-time high of $49. Either this is massive OTC accumulation marked on exchanges, or it's the biggest wash trading in history.
Either way, someone is setting up for something big.