$ZEC surprised the market with a 29% increase, driven by a massive influx of institutional capital. The revelation that the Winklevoss twins acquired more than 203,000 ZEC at an average price of $245 — and that they plan to scale to own 5% of the total supply — sparked immediate demand and reinforced the narrative that ZEC could be entering a new phase of strategic revaluation.
The increasing adoption of privacy features also played in favor of the price. Nearly 29% of the total supply is already stored in protected pools, a 55% increase in one month. This reduction in available float decreases selling pressure and strengthens the scarcity thesis, while industry figures recommend migrating funds to self-custody, which often increases confidence in the asset and its long-term stability.
In technical terms, ZEC faces a decisive zone. Although it is within a downward channel, the momentum indicators show signs of recovery. Exceeding 600 dollars opened the door to an extension towards 700, which validates a solid bullish breakout. $ZEC becomes one of the most interesting assets.
Is $ZEC entering winner territory… or a trap for optimists?