$ZEC and CNPY Price Swings Spark Market Interest

The cryptocurrency market has seen significant price swings in recent days, particularly for $ZEC and $CNPY. These two coins have experienced wild surges, with all margin on them. However, the market's activity slowed down over the weekend due to the lack of trading operations.

When $ZEC dropped to its lowest point on Saturday, an analyst opened a small hedging long position due to two reasons. Firstly, $ZEC is not considered a junk altcoin as it is a veteran public chain. Secondly, its price drop was not strong enough, making it likely to continue rising.

CNPY, however, experienced a sharp decline of 20% after a 7-8% surge, allowing short sellers to profit directly and recover their losses.