ZEC: Whales Pull $46M From Exchanges
ZEC sees $46.15M in fresh withdrawals by new wallets including t1UcyM's 15,860 ZEC move, with price at $1489.64 amid bullish EMA structure.
SourceAnalysis
ZEC is attracting heavy accumulation as multiple newly created wallets pulled 32,293 ZEC worth $46.15M from exchanges, led by t1UcyM's 15,860 ZEC ($22.69M) withdrawal from Binance today according to @lookonchain.
Price sits at $1489.64 inside the Bollinger Bands with upper resistance at $1552.6; the overbought RSI(14) at 78.85 combined with the MACD golden cross at 89.27 suggests a probable retracement toward the concrete 50-EMA support at $1217.65 before any extension higher, while the 200-EMA at $947.34 anchors the broader bullish structure. ZEC price prediction models now factor these exchange outflows as key drivers alongside broader crypto market crash resilience signals.
Lookonchain
@lookonchainLooking for smartmoney onchain