New addresses withdraw $46M in ZEC from exchanges in two days
- —Address t1UcyM withdrew 15,860 ZEC (~$22.69 million) from Binance
- —t1fXjw took out 7,081 ZEC (~$10.29 million) from several exchanges
- —t1YLeD withdrew 5,818 ZEC (~$8.45 million), t1gxP4 — 3,534 ZEC (~$4.72 million)
- —All funds were sent to new wallets
Why it matters: Mass withdrawals from exchanges reduce order-book supply and could amplify ZEC volatility amid the rally.
Source: PANews