Recent airdrop rewards are quite interesting—over 19,000 units of privacy coins in a single payout, with spot value around $350. However, the market phenomena behind this are even more worth pondering.

I’ve noticed a very consistent pattern: each wave of market hotspots is always discovered first by large funds and high-net-worth groups. Over the past two years, it’s especially clear that institutional interest in the "privacy" sector is rapidly heating up.

Why? The logic is quite straightforward— the larger the capital, the higher the demand for asset traceability, security, and sovereignty control. Small retail investors may not care much about privacy issues, but once the capital scale reaches a certain level, privacy and sovereignty become hard requirements. This collective strategic positioning by big funds often signals the direction of the next market cycle.