After ZEC surged past $1,000, a whale who held tokens for over 2 years with an average cost of $48.44 transferred 22,840 ZEC (worth $23.11 million) to Binance within half an hour, realizing a profit of $21.96 million (20x return). The whale had accumulated ZEC from Binance between 2021 and 2024, and took profit today.
According to on-chain analyst Ember, after ZEC broke above $1,000, a whale holding over 2 years with an average cost of $48.44 transferred 22,840 ZEC (worth $23.11 million) to Binance half an hour ago, realizing a profit of $21.96 million (20x). The whale accumulated ZEC from Binance between 2021 and 2024 and took profit today.
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