Observing the activity of the largest ZKP holder's wallet (0x055a3b37957bfbd3345bed9968e7e8dd56d67066), it has been continuously selling off recently. From on-chain data, the market lacks new capital inflows, which puts pressure on the price to continue rising. It is recommended that everyone monitor the movements of this wallet address to gauge market sentiment. In the short term, the current spot price is very likely to have reached today's high. A special reminder: if you are chasing the high in spot trading or opening long positions to earn funding rates, you should be more cautious. The current market environment clearly increases risks, so manage your positions carefully.

ZKP2.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned