🐋🔥 WHALE BOUGHT $32M $ZEC AFTER A 34% DROP: CAN THE COIN HOLD $1,000? 📉🛡
According to Arkham, one large wallet bought an additional $21.8 million worth of ZEC over the weekend via Binance and $10.2 million via Kraken. Its holdings grew from 24K to 54.4K $ZEC , worth around $66.75 million 💰 It has been buying since mid-September, most aggressively during the drop from the peak of 1,700.
But other whales aren't rushing in just yet ⚠️ CryptoQuant shows no large spot orders, while ETFs have seen outflows for $ZEC two weeks in a row, totaling $124 million. US inflation data is also due this week, so the market is on edge 🇺🇸 That means the $1,100 and $1,000 levels could be retested if the pressure intensifies.
What do you think: will one whale turn the market around, or will $1,000 fail to hold? 👇🤔
#zec #zcash #whalealerts #Crypto
According to Arkham, one large wallet bought an additional $21.8 million worth of ZEC over the weekend via Binance and $10.2 million via Kraken. Its holdings grew from 24K to 54.4K $ZEC , worth around $66.75 million 💰 It has been buying since mid-September, most aggressively during the drop from the peak of 1,700.
But other whales aren't rushing in just yet ⚠️ CryptoQuant shows no large spot orders, while ETFs have seen outflows for $ZEC two weeks in a row, totaling $124 million. US inflation data is also due this week, so the market is on edge 🇺🇸 That means the $1,100 and $1,000 levels could be retested if the pressure intensifies.
What do you think: will one whale turn the market around, or will $1,000 fail to hold? 👇🤔
#zec #zcash #whalealerts #Crypto