TREE NEWS reports: A single whale has been steadily accumulating and consolidating ZEC across multiple wallets over the past week, with the main wallet receiving about 41,690 ZEC and sending out roughly 18,730 ZEC, leaving a net position of approximately 22,960 ZEC worth about $31.7 million. Accumulation continues, with another 4,200 ZEC (about $5.84 million) transferred into the main wallet in the past three hours.
Whale Accumulates and Consolidates $31.7M in ZEC Over Past Week
AI take
Concentrated accumulation of this size in a privacy-focused asset is notable because ZEC's liquidity profile means a single entity's wallet movements can be read as both positioning and operational behavior. The split between receiving and sending across wallets suggests consolidation rather than a one-way buy, which matters for anyone tracking float or exchange flows. Whether the accumulation continues at this pace, and whether the consolidated balance stays off exchanges, is the open question.
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
19m ago
Binance to Delist REQ, WIN, GNS and 5 Other Tokens From Margin and Loans on Oct 2
20m ago
New address withdraws 11,610 ETH from exchanges in 5 hours, now up $552K
1h ago
Ex-LA County Deputy Sheriff Gets 21 Months for Aiding Crypto Ransom Plot
1h ago
Bitcoin Breaks Above $84,000, Up 0.76% on the Day
1h ago
Whale Opens 5x Long on 4,135 ZEC on Aster, Down Over $450K
1h ago
Ondo Finance partners with KakaoPay Securities to explore Korean stock access