Whale Transfers 22,840 ZEC to Binance After 2-Year Hold, Unrealized Profit of $21.96M

Whale Transfers 22,840 ZEC to Binance After 2-Year Hold, Unrealized Profit of $21.96M

N
News Editor
2026-09-05 11:53:36
A whale that held 22,840 ZEC for over two years at an average cost of $48.44 moved the tokens to Binance 30 minutes ago, realizing an unrealized profit of $21.96 million — a 20x return on the original investment.

According to on-chain monitor Ember, a whale who had been holding 22,840 ZEC for more than two years at an average price of $48.44 deposited the entire stack (worth approximately $23.11 million) into Binance 30 minutes ago. The position carries an unrealized profit of $21.96 million, representing a 20-fold return on the initial outlay.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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