$ZEC up 4.1% to $1,270.95 in 24 hours, although it is still down 4.5% over 7 days. The catalyst: whale accumulation after a 34% correction.
Arkham recorded one address buying $32 million in ZEC on Binance and Kraken, doubling its holdings to 54,400 ZEC worth $66.75 million.
24-hour volume is $658 million, with a volume-to-market-cap ratio of 3%. The $1,000 level is being watched; CryptoQuant has yet to see most whales acting aggressively.
Arkham recorded one address buying $32 million in ZEC on Binance and Kraken, doubling its holdings to 54,400 ZEC worth $66.75 million.
24-hour volume is $658 million, with a volume-to-market-cap ratio of 3%. The $1,000 level is being watched; CryptoQuant has yet to see most whales acting aggressively.