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ZEC has recently attracted a lot of attention. The ZEC/USDT perpetual contract on a leading exchange saw trading volume surge fivefold within just 10 minutes, with a total 24-hour trading volume of $535 million. However, the price actually dropped 7.15% during this wave of market activity, which is quite interesting.
What does such a sharp increase in trading volume usually indicate? It could mean a sudden surge in market participation or the quiet accumulation of large funds. There are often important market changes or positive news behind such movements. For traders focusing on ZEC, these volume signals are worth paying close attention to.
According to data, ZEC performed quite well in the global contract trading rankings. Amid such market fluctuations, market sentiment has clearly been fully mobilized.