Whale transfers over 202K ZEC to on-chain addresses, putting short-term pressure on large zero coins

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On-chain data tracking shows that a large ZEC transfer has attracted market attention. According to monitoring, recently an address transferred 202,077 ZEC (equivalent to approximately 93.356 million RMB) into an on-chain wallet address, with an average price of about $437.

This large transfer involves over $88 million in funds, accounting for a significant portion of the ZEC market. From the fund flow perspective, the on-chain movement of large holdings often indicates a change in market participants’ intentions.

Compared to the current real-time ZEC data, the current price of the currency is $374.39, with a 24-hour trading volume of $13.45 million. The transfer address’s cost basis ($437) shows a clear price difference from the current price, which may reflect the holder’s strategic timing operations.

Such large transfers are usually seen as a market sentiment indicator. Funds flowing from the platform level to the chain could be either long-term accumulation behavior or phased risk avoidance. Investors should consider subsequent on-chain activities and market fundamentals comprehensively to avoid over-interpreting a single large transfer.

ZEC-4,76%
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