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Whale sells 25,001 Zcash worth $37.84M, adding selling pressure to privacy coin market

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
Whale sells 25,001 Zcash worth $37.84M, adding selling pressure to privacy coin market

A blockchain address sold 25,001 Zcash tokens valued at about $37.84 million on September 29, after holding them for roughly two months. The tokens were originally bought at an average price of $425 each, generating over $27 million in profit from the sale. This large transaction introduces significant selling pressure to the Zcash market, potentially impacting its price and market dynamics in the near term.

Zcash trades at Rp24.789.259 on Pluang as of Sep 29, 2026 10:41 WIB, down 11.69% in one day. The market cap stands at Rp7,04 trillion with a 24-hour volume of Rp787,62 million. Pluang order activity shows 100% sell interest, reflecting strong selling pressure after the large token sale.

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Crypto whale sells 25,001 Zcash, nets $27M profit after two months

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A crypto whale sold 25,001 Zcash (ZEC) tokens worth $37.84 million after holding them for about two months. The tokens were acquired at an average price of $425 each, resulting in a profit of over $27 million from the sale. This transaction highlight...

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