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First Squeeze: Short-Squeeze Rally $ZEC climbed from $814 to $1,294 in just days, but derivatives drove much of the move. Futures volume reached $1.15B vs $126M spot, while OI surged to ~$2.8B and funding stayed positive. The rally became increasingly leverage-driven, setting the stage for a sharp unwind. $ZEC $BTC $ETH #SeptHikeOddsHit90% #BTCSpotETF450MOutflow #OracleAICloudUp121%