Onchain Lens said on Oct. 8 that a wallet withdrew 1,000 ZEC from Binance about an hour earlier, with the transfer valued at roughly $1.33 million. Shortly after the withdrawal, the entire amount was moved into the Zcash privacy pool. Once the funds entered the privacy pool, their subsequent on-chain route could no longer be tracked. The update was reported by BlockBeats as a brief market-moving whale activity item.
BlockBeats reported on Oct. 8 that, according to Onchain Lens, a wallet withdrew 1,000 ZEC from Binance about an hour earlier, a transfer valued at $1.33 million.
Shortly afterward, all 1,000 ZEC were moved into the Zcash privacy pool, making the funds' subsequent path untraceable on-chain.
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