ZEC: Whale Withdraws $13M After 52% Crash

ZEC plunged 52% in a single session after a reported vulnerability triggered a sharp selloff, with one wallet withdrawing 37,316 ZEC ($13.12 million) from Binance once the low formed.

Price action now sits at $333.85 on the 4h chart, well below both the EMA50 at $541.42 and EMA200 at $520.74, confirming the bearish structure while the MACD death cross at -47.35 keeps downside pressure intact. RSI at 23.4 marks extreme oversold conditions, and price is probing beneath the lower Bollinger Band support at $356.48, suggesting volatility exhaustion may precede any relief bounce. Institutional desks watching ZEC price prediction models note that a sustained hold above the $356.48 band would be required before any meaningful retracement toward the $520 region can develop.