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1,000 Zcash worth $1.33M withdrawn from Binance into privacy pool, masking further transactions

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
1,000 Zcash worth $1.33M withdrawn from Binance into privacy pool, masking further transactions

An address withdrew 1,000 Zcash (ZEC), valued at approximately $1.33 million, from Binance on October 7 and transferred the entire amount into a Zcash privacy pool. This move, occurring about an hour before 8:59 a.m. UTC+8 on October 8, makes any subsequent transactions with these coins private and untraceable on the blockchain. The use of privacy pools is significant as it enhances transaction confidentiality, which can impact transparency in digital asset movements. The address involved was identified as t1hBootrMTnk9t2uYV3AWhMTswxphheEpEr, but no further details about the owner were disclosed.

Zcash (ZEC) is trading at Rp23,744,583 on Pluang, down 2.66% in the past day as of Oct 08, 2026 08:21 WIB. The market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million, reflecting active interest in the asset during this period.

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