Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

Grayscale’s Zcash Trust (ZCSH) just doubled its trading volume, pushing daily volume past $2 million as Zcash’s shielded supply reached an all-time high.Two separate signals, one institutional, one on-chain, converging at the same time, is not a coincidence you ignore.Shielded supply now represents approximately 30% of ZEC’s circulating supply, its highest share on record. The question is whether th…