ZEC: Whale Accumulates $20M
ZEC whale accumulates $20M with 14.19K ZEC withdrawn from Binance and Gate, latest 2.64K ZEC move at $1393.44 amid bearish 4h signals.
SourceAnalysis
ZEC whale activity intensified as the wallet pulled another 2.64K ZEC (~$3.72M) from Binance two hours ago, bringing the one-month total to 14.19K ZEC (~$20M) across Binance and Gate.
Price action on the 4h chart shows ZEC at $1393.44 holding above the EMA200 support at $1228.3 yet below the EMA50 resistance at $1493.41, with the MACD death cross at -44.07 locking in bearish momentum while RSI at 38.24 keeps conditions neutral; the position inside the Bollinger bands points to a likely test of the $1309.01 lower support before any push toward the $1703.75 upper band. On-chain flows like this often precede shifts in ZEC price prediction models during periods of crypto market consolidation.
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