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Analysis: ZORA Suspected of Fund Manipulation in CEX Recently, Almost No Single Transaction Record Above $500,000 on Chain
Summary: According to reports, on-chain analyst @ai_9684 xtpa posted on X platform that ZORA has seen a 931% increase in one month, appearing to be in an independent altcoin market trend. However, there are almost no single transaction records above $500,000 on-chain recently, indicating possible fund manipulation in CEX. ZORA's spot trading volume TOP 1 on ...
According to reports, on-chain analyst @ai_9684 xtpa posted on X platform that ZORA has seen a 931% increase in one month, appearing to be in an independent altcoin market trend. However, there are almost no single transaction records above $500,000 on-chain recently, indicating possible fund manipulation in CEX.
ZORA's spot trading volume TOP 1 on Coinbase has a 24-hour trading volume of $82.6 million, while the contract trading volume TOP 1 on Binance has a 24-hour trading volume of $1.354 billion, which is 16.4 times that of spot trading; ZORA's circulation ratio is 35%, and part of the tokens will be released from October this year for investors/treasury/team, with GSR Markets as the market maker.
In addition, market data shows that ZORA has recently broken through $0.1, setting a new all-time high.
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Link: Analysis: ZORA Suspected of Fund Manipulation in CEX Recently, Almost No Single Transaction Record Above $500,000 on Chain [Copy]