ZEC: Wallet Shields $1.33M After Binance Exit
ZEC wallet withdraws 1,000 tokens worth $1.33M from Binance then routes all holdings into shielded pool using zk-SNARKs privacy protocol.
SourceAnalysis
ZEC wallet t1hBootrMTnk9t2uYV3AWhMTswxphheEpEr pulled 1,000 ZEC ($1.33M) from Binance and immediately moved the full amount into Zcash's shielded pool, rendering future flows invisible via the zk-SNARKs privacy protocol that has defined Zcash shielded pool large transactions history for years.
Price sits at $1211.88 inside a bearish structure with EMA50 at $1349.87 and EMA200 at $1267.86 acting as overhead resistance while RSI(14) at 29.94 signals oversold conditions and MACD registers a death cross at -22.35; the pair tests the lower Bollinger band near $1244.64, suggesting any bounce toward upper resistance at $1399.31 will likely stall before retesting the 50-EMA support zone.
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