Whale withdraws 26,070 ZEC worth $31.93M from Binance and Kraken
- —17,770 ZEC worth $21.76M withdrawn from Binance
- —8,300 ZEC worth $10.17M pulled from Kraken
- —Total withdrawal of 26,070 ZEC valued at $31.93M
- —The transfers took only a few minutes
Why it matters: Large exchange outflows are typically read as accumulation into cold storage, trimming the ZEC supply available on exchanges.
Source: PANews