Zcash whale doubles holdings to $66.75M after 34% price drop
- —Whale bought $21.8M ZEC on Binance and $10.2M on Kraken over the weekend
- —Holdings doubled from 24K to 54.4K ZEC, now worth $66.75M
- —ZEC has dropped 34% in recent days, testing $1,000–1,100 support
- —Spot ZEC ETFs saw $124M in net outflows over two weeks
Why it matters: If selling pressure persists, the $1,000 support may crack; this week's US inflation data could add macro volatility.
Source: AMBCrypto