In the past few days, an interesting trend has been observed on-chain. A senior trader with open interest exceeding 5200 ETH (worth nearly 16 million USD) recently opened a 10x leveraged long order on ZEC, with an entry price of $439.

This is not a small-scale operation. This guy has moved from laying out ETH and BTC to other popular sectors, and now he's turning his attention to ZEC, systematically expanding his market coverage with every step. What logic is behind this? Is it merely a rotation of currencies, or has he sensed a new market opportunity?

The most interesting thing is that the movements of these large holders often reflect the migration of market hotspots. Each of their operations, to some extent, indicates where the next focus of attention will be.

At the same time, some relatively active new projects on the ETH chain are also attracting considerable attention from the community. This phenomenon indicates that the heat of the crypto market is spreading from the top cryptocurrencies to more tracks.

What do you think of ZEC's performance this time? Will the layout of the big players bring a new round of market opportunities? Let's talk about your observations.