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Today, ZEC surged to $1,588. A whale holding a short position for half a month, with a liquidation price of $1,551, was directly liquidated. This person previously had a 79% win rate and accumulated $9.11 million in profits since June. In half a month, all of it was lost. ZEC has risen 183% in the past month and 3,000% in one year. The NU7 upgrade schedule is set: testnet activation on October 6, mainnet launch on November 5. Three core changes: Block time reduced from 75 seconds to 25 seconds, a 3x speed increase. Transaction confirmation changes from "waiting a minute" to "in the blink of an eye." Retains Bitcoin-style halving mechanism. Next halving at the end of 2028. The hard cap remains 21 million coins, with a deflationary path identical to BTC. Disables V4 transactions and integrates network sustainability mechanisms. At least 60% of transaction fees are removed from circulation, reintroduced starting February 2031. ZEC in the shielded pool rose from 2.66 million in March to 4.98 million, increasing its share from 18% to 29.4%. Shielded transactions account for 59.3% of recent network activity. In short: more people are using ZEC, and genuinely using it for anonymous transfers. Not wash trading, not airdrop farmers. Real money is using privacy features. Why have institutions suddenly started buying ZEC? Paradigm co-founder Matt Huang publicly confirmed the company holds ZEC, saying it is "a complement to Bitcoin in terms of privacy." Since the launch of the Grayscale ZEC ETF, ZEC has risen 2,500% in one year. Grayscale founder Barry Silbert previously set a target of $8,000. HashKey researchers put it bluntly: the market narrative on privacy has shifted from "pure anonymity" to "financial privacy and confidentiality." AI is making address tracking too easy; privacy is no longer a geek’s toy but a necessity. Simply put— A 98.9% voting approval rate is not governance, it’s faith. When the entire community reaches unprecedented consensus on the halving mechanism, NU7 is not just an upgrade—it’s a fresh start. But don’t just look at the bullish side. The short whale lost $10.68 million in half a month, not because he was stupid. He was betting on the logic that "ZEC has risen too much and should correct." In a community where 98.9% of people are doing the same thing, your "rational correction" is a joke. Above, there is still a massive amount of short leverage stacked between $1,600 and $1,700. NU7 mainnet activates on November 5. A short squeeze powder keg, the fuse has already been lit. $BTC $ETH $ZEC #ZEC逼近1600美元，多空博弈升温