9.336 million USD ZEC has been withdrawn; this is not unusual activity, it's a giant whale positioning in advance.
$ZEC Recently, the on-chain data has become intriguing.
Two giant whales withdrew ZEC worth 9.336 million USD from Binance, and this was not an impulsive one-time action, but a concentrated transfer after continuous accumulation.
First, let’s mention a core common sense:
Whales will not withdraw coins from exchanges if they are only doing short-term trading.
The act of withdrawing coins itself means 'reducing liquidity and extending the holding period'; this is a typical mid- to long-term bullish action.
More importantly, let's consider the background.
In the current market where there is overall differentiation and altcoins are generally marginalized, capital is not launching a full-scale attack, but is clearly 'picking directions to bet on'. The fact that ZEC can be continuously accumulated in such an environment indicates that it has entered the whale selection pool.
Logically, ZEC has three easily overlooked advantages:
Its position is low enough, the chips are relatively concentrated, and its privacy attributes actually have strategic value in the regulatory and compliance game.
Such targets are often not driven by sentiment but rather by exchanging time for space.
It is important to note that this does not mean the market will immediately start.
It is more like the main player is moving chips from a position where they can be 'sold at any time' to a position 'prepared for long-term holding' before the market arrives.
In summary:
Retail investors are still hesitating about the direction, while whales are already positioning for the future.
ZEC may not be hot right now, but it is already starting to be 'taken seriously'. $ZEC
