Recently, the privacy coin market has been quite active. On December 25th, a large holder withdrew 30,000 ZEC from a major exchange, equivalent to about $13.25 million. This move is seen by many as a long-term bullish signal. Even more interesting is that over 200,000 ZEC have been transferred out in total previously, and combined with the whale activity in the derivatives market opening long positions, the overall hype in the sector is definitely heating up.

As a mainstream privacy coin, ZEC's core competitive advantage lies in zero-knowledge proof technology — enabling transaction privacy protection while offering optional privacy features. This is particularly attractive to institutional investors, as it meets compliance requirements while ensuring privacy.

Looking at the market performance, privacy coins have been quite aggressive this year. Since the beginning of the year, they have surged by 335%, far outperforming the average in the crypto market. Against the backdrop of increasing market uncertainty, privacy coins are gradually becoming an important tool for investors to hedge risks. The most telling sign is that institutional participation in Q4 has surged by 210%, indicating that large funds are starting to pay attention to this sector.