Major cryptocurrency holder backed by the Winklevoss twins just made a significant move on Zcash. Cypherpunk Technologies acquired $29 million worth of ZEC in a recent transaction, purchasing 56,418 coins. This brings their total ZEC holdings to 290,062 tokens—representing roughly 1.8% of Zcash's entire circulating supply. The accumulation signals continued institutional interest in privacy-focused cryptocurrencies despite market volatility. Such concentrated holdings by high-profile investors often draw attention from traders monitoring large position changes and their potential market implications.
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CryptoPunster
· 8h ago
Once again, big players are quietly accumulating chips, while we retail investors are still dreaming of getting rich overnight.
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Are privacy coins being favored by institutions again? It seems the big players have really chickened out.
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Buying ZEC for 29 million yuan, they directly take 1.8% of the circulating supply. Laughing as we lose everything on this trade, we simply can't catch up.
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Wow, the Winklevoss brothers are playing chess again, and we're still studying the game.
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This is the gap between us and institutions. They buy coins like stocking up on groceries, while we're still debating whether to go all-in.
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The privacy coin thing, the big players saw through it long ago. Only we are still fantasizing about doubling our coins.
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With a wave of 29 million, 290k ZEC in hand—it's really a showdown between the all-in dreamers and the practical players.
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SilentObserver
· 8h ago
Whoa, are twin buddies stacking privacy coins again? This pace feels off.
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MysteriousZhang
· 8h ago
Damn, are the Winklevoss brothers building positions again based on mysticism? Throwing 29 million into ZEC... Is this a signal or the night before a rug pull?
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0xTherapist
· 8h ago
ZEC has been accumulated by big investors again. Privacy coins still have supporters.
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Ser_This_Is_A_Casino
· 8h ago
Damn, my twin buddy is playing ZEC again, this time dropping 29 million... Is privacy coins really about to take off?
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GateUser-c799715c
· 8h ago
Privacy coins are starting to attract investments again, this time from the backer behind Winklevoss...
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OnChainDetective
· 8h ago
ngl that 1.8% concentration is giving heavy accumulation vibes... traced the wallet clustering and historical data suggests this ain't random. winklevoss backing means institutional firepower behind privacy plays fr
Major cryptocurrency holder backed by the Winklevoss twins just made a significant move on Zcash. Cypherpunk Technologies acquired $29 million worth of ZEC in a recent transaction, purchasing 56,418 coins. This brings their total ZEC holdings to 290,062 tokens—representing roughly 1.8% of Zcash's entire circulating supply. The accumulation signals continued institutional interest in privacy-focused cryptocurrencies despite market volatility. Such concentrated holdings by high-profile investors often draw attention from traders monitoring large position changes and their potential market implications.