TREE NEWS reports: A whale withdrew another 2,640 ZEC, worth about $3.72 million, from Binance two hours ago. Over the past month the wallet has accumulated 14,190 ZEC, roughly $20 million, through purchases on Binance and Gate.
Whale Withdraws 2,640 ZEC From Binance, Buys $20M in a Month
AI take
What stands out is the method, not the size: a single wallet routing a month of accumulation through two exchanges and then moving coins into self-custody. That pattern is consistent with positioning rather than active trading, and it matters for ZEC because a concentrated holder removing supply from exchange order books can tighten available liquidity. The open question is whether this wallet keeps accumulating or eventually returns the coins to an exchange, since that flow — not the withdrawal itself — is what would signal a change in intent.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
34m ago
Everbright Photonics: Optical Chip Prices May Fall Long-Term as AI Demand Lifts Telecom Revenue
1h ago
Analyst: Bitcoin Retail Demand Fades as 30-Day Change Turns Negative
1h ago
AllUnity Launches MiCA-Compliant Dollar Stablecoin USDAU
1h ago
Bitget Protection Fund Back to $200M After 2,000 BTC Cold-Wallet Transfer
2h ago
Telegram Wallet Rebrands as Walt, Plans Crypto Card and AI Trading
2h ago
Strive Buys 6,106 BTC for $490.77M at $80,375 Average