Zcash whales buy $37.5M in ZEC as price tests $1,400 support
- —ZEC is down over 18% from its $1,680 high, with $1,400 as the key support
- —A whale bought 22,960 ZEC for $31.7M and added 4,200 ZEC for $5.84M
- —A whale cluster withdrew 8,600 ZEC from exchanges, holdings now 65,158 ZEC worth $91M
- —Average whale entry near $1,510 leaves the position roughly 7% underwater
Why it matters: Continued exchange outflows would cut available supply and support $1,400; renewed selling could expose $1,300–$1,350.
Source: AMBCrypto