The Hidden Narrative Behind the Big Pump of ZEC: The Refugee Migration of Chen Zhihe and Qian ZhiminWritten by: Wenser, Odaily
The U.S. government shutdown has finally come to an end amid widespread attention, but market sentiment has not improved as a result.
The cryptocurrency market has not seen the expected "bottoming out" rebound; instead, it continues to be dominated by a bearish sentiment: BTC once fell below the $90,000 mark, and ETH briefly dropped below $2,900, with "all coins falling together" almost becoming a footnote to the current market situation. The only exception is the privacy sector represented by ZEC, which has stood out with an impressive independent trend.
At the same time, two major cases that have stirred the industry are developing simultaneously: 127,000 BTC held by Chen Zhi, the spokesperson for the "Prince Group," has been seized by the U.S. government; and Qian Zhimin, the mastermind behind "Blue Sky Ge Rui," who fled for 7 years after illegally absorbing over 40 billion yuan, has been captured, with over 60,000 BTC assets under his account also unresolved.
However, behind the two incidents, it has triggered
DeepFlowTech·2025-11-21 09:38