Arkham tracking data shows that the Zcash whale address t1Lyq moved about $362.56 million worth of ZEC overnight, with roughly $15 million sent to Coinbase. According to Arkham, this was the first time in 10 months that the address had deposited funds to a trading platform. The firm also said the same batch of ZEC was worth about $163.88 million 10 months ago. Based on that comparison, Arkham said the whale’s unrealized profit from holding ZEC since 2025 has reached about $361 million. The transfer stands out because it combines a large token movement with a renewed exchange deposit after a long gap.
Arkham said the Zcash whale address t1Lyq moved about $362.56 million worth of ZEC overnight, including roughly $15 million sent to Coinbase.
According to Arkham, it was the address’s first deposit to a trading platform in 10 months. The same batch of ZEC was worth about $163.88 million 10 months ago.
Arkham also said the whale’s unrealized profit from holding ZEC since 2025 has reached about $361 million.
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