The same figure—$3.73 million—on both sides of the transaction: selling 1,670 ETH and buying 2,959 ZEC for the same value. $ZEC

Over 20 hours, this amount of ETH passed through Tornado Cash to Hyperliquid, then was converted to ZEC. Both sides were worth roughly the same, which is what stands out.

If you trade from Doha, Riyadh, or Dubai, the timing matters here. The move happened within a few hours, and the dirham and riyal are pegged to the dollar, so any move in ZEC will show up directly in your wallet, with no local-currency effect.

The takeaway worth remembering: when someone sells a large amount of ETH and buys ZEC at the same time, watch ZEC’s funding rate and open interest—not just its price.

It has not yet been confirmed who is behind the wallet or whether the transaction will happen again.

What price do you expect for ZEC by the end of the week?

#ZEC #Ethereum

This content is for informational purposes only and is not financial advice.

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