In addition, there is another piece of data worth mentioning! Coinalyze data shows —

🔸The total open interest of altcoin perpetual contracts has surpassed BTC for the first time, reaching a new high since December 2024;

🔸The open interest of BTC perpetual contracts is about 23.9 billion USD, accounting for approximately 37% of the tracked perpetual contracts;

🔸The part of the altcoin market cap outside of the top ten has risen to over 200 billion USD;

🔸The open interest of ZEC perpetual contracts once rose to about 2.3~2.4 billion USD.

Everyone seems to sense the smell of a bull run, with significant increases in speculative participation and potential leverage in altcoins!

However, a considerable part of the increment is contributed by $ZEC.

Will it, as small black @CryptoHayes said, rush straight to 1500?

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