Zcash Whale Misses More Than $110 Million in Potential Gains
The cluster sold 139,600 ZEC for about $111 million before the tokens were valued at roughly $223 million at the time of publication on Sept. 25.
A wallet cluster missed more than $110 million in potential gains after selling 139,600 Zcash (ZEC) for about $111 million before the tokens’ value rose to roughly $223 million at the time of publication on Sept. 25.
The difference between the sale value and the later valuation amounts to more than $110 million in potential gains over about four weeks. The figure reflects an unrealized opportunity, not a realized loss.
The estimate covers roughly four weeks between the earlier sales and the Sept. 25 valuation.
The cluster’s earlier sales totaled 139,600 ZEC.
Those sales were valued at about $111 million.
The 139,600 ZEC was valued at about $223 million as of Sept. 25, compared with its earlier sale value of about $111 million.
