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Zcash Whale-Linked Addresses Receive 8,605 ZEC in Fresh Transfers
Six associated addresses now hold 65,158 ZEC worth about $91.13 million after receiving funds through three crypto exchanges.
A Zcash whale-linked entity received about 8,605 ZEC through three crypto exchanges, with the funds later consolidated across associated wallets.
Two withdrawal addresses transferred a combined 4,400 ZEC into the same consolidation wallet. Six addresses linked to the entity now hold 65,158 ZEC, an increase of about 15.2% from the previous balance.
The holdings are valued at about $91.13 million. Based on historical deposit prices, the average acquisition price was about $1,509.70 per ZEC, compared with a reported market price of $1,398.60, implying an unrealized loss of about $7.24 million.
