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Large Zcash holder moves 4,200 tokens, raising net holdings to $31.7M amid recent accumulation.

Market News
29 Sep 2026
Tokenpost
View Source
Bullish
Large Zcash holder moves 4,200 tokens, raising net holdings to $31.7M amid recent accumulation.

A major Zcash (ZEC) holder transferred 4,200 tokens into its main wallet within three hours, increasing its net holdings to about $31.7 million. This latest transfer, valued at approximately $5.84 million, follows a week of active accumulation and consolidation across multiple wallets. Over the past week, the wallet received around 41,700 ZEC and sent out about 18,700, resulting in a net balance of roughly 23,000 ZEC. This activity indicates continued interest and consolidation in Zcash holdings, which could impact market dynamics moving forward.

Zcash (ZEC) trades at Rp24,822,124 with a notable 11.26% decline in the past day as of Sep 29, 2026 12:41 WIB on Pluang. Despite the recent large accumulation by a whale, Pluang's order activity shows a full 100% sell interest with no buys, and the typical holding time is 107 days. This contrasts with the whale's consolidation moves, highlighting mixed market sentiment around ZEC currently.

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