Are Privacy Coins Still Bullish? On-Chain Data and Whales Reveal the Truth

BeInCrypto Editorial

(10:30 PM UTC)

1 min read

Privacy coins rose 4.5% on Monday, led by Zcash and Monero, even as the sector is still down 12% on the month. The bounce is here, but on-chain data and whale books disagree on whether it will last.

Network activity held up better than price through the slump. Yet smart money is short and sentiment cratered, so the recovery rests on shakier ground than the green candles suggest.

The Privacy…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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