🚨 ZORA's 931% Surge — Too Good to Be True? šŸ‘€

In just a month, $ZORA has exploded by 931%, yet something feels off. Despite the massive move, there’s barely any on-chain activity over $500K, raising serious red flags of CEX-driven manipulation.

šŸ” What’s happening?

Coinbase spot volume: $82.6M

Binance contracts: A staggering $1.354B

This discrepancy suggests high-leverage games could be in play — possibly by whales pushing narrative-driven volatility.

āš ļø Supply Shock Incoming?

With only 35% of the supply currently circulating, a massive token unlock is due in October. If this pattern holds, a sharp correction could follow — similar to other inflated assets post-hype.

šŸ“‰ Funding Rate Turning Bearish

ZORA briefly dipped below the 0.1 mark, and short positions are stacking up fast. Add this to Ethereum’s recent breakout, and ZORA could be the next major liquidation magnet in the market.

šŸ›‘ Strategy?

Reduce exposure. Let the smoke clear.

Watch for unlock events, funding rate flips, and contract volume spikes — they might be signaling a trap in the making.

FOLLOW for more .

$ZORA

#CryptoRisk #ZORA #BinanceFutures #Coinbase #ETHBreakout #TokenUnlock #DeFi