Arkham said on Sept. 29 that a previously tracked ZEC whale appears to have bought more since the evening of Sept. 28. Addresses linked to the entity received about 8,605 ZEC through three centralized exchanges, with the funds later consolidated in batches. Two withdrawal addresses then sent a combined roughly 4,400 ZEC into the same collection wallet.
As of publication, six funding-related addresses tied to the entity were holding a combined 65,158 ZEC, up about 15.2% from the prior level. Based on the quoted market price in the source report, the position was worth about $91.13 million.
Using historical inbound prices, the report put the whale’s average transfer-in cost at about $1,509.7 per ZEC. With ZEC last quoted at $1,398.6, the position was showing an unrealized loss of about $7.24 million, or 7.36%. BlockBeats also referenced an earlier update saying the same whale had withdrawn another 8,100 ZEC from centralized exchanges, bringing its previously reported spot accumulation to $55.7 million.
BlockBeats reported on Sept. 29, citing Arkham, that a previously tracked ZEC whale appears to have added to its position again since the evening of Sept. 28. Addresses linked to the entity received about 8,605 ZEC through three centralized exchanges, and the funds were later consolidated in batches.
Fresh ZEC inflows were moved into a collection wallet
On-chain data cited in the report showed that two withdrawal addresses transferred a combined roughly 4,400 ZEC into the same collection wallet. BlockBeats also referred to an earlier update saying the whale had withdrawn another 8,100 ZEC from centralized exchanges, bringing its previously reported spot accumulation to $55.7 million.
Six linked addresses now hold about $91.13 million in ZEC
As of publication, six funding-related addresses under the entity were holding a combined 65,158 ZEC, up about 15.2% from the previous level. Based on the quoted market price in the report, the total position was worth about $91.13 million.
Using historical inbound prices, the overall average transfer-in cost was estimated at about $1,509.7 per ZEC. With ZEC last quoted at $1,398.6, the position was showing an unrealized loss of about $7.24 million, or 7.36%.
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