Markets· ★★★· bearish·

Wallets tied to Bitkub co-founder sold $51.6M in ZEC

  • —65,820 ZEC worth $51.6M unshielded, 0.4% of supply
  • —53,900 ZEC sold on Hyperliquid for $42.3M, 536.7 BTC bought
  • —About 10,000 ZEC left on Hyperliquid, 8,370 ZEC sell orders pending
  • —139,600 ZEC sold for $111M in total, $110M in missed gains
Why it matters: A large insider ZEC sell-off pressures the price but highlights demand for privacy assets via Hyperliquid.
#ZEC#BTC
Source: PANews
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