ZEC Surges 9.61% as Whale Withdrawals and $706M Volume Signal Rising Bullish Momentum

The recent 9.61% increase in ZECUSDT's price over the last 24 hours, with the current price at 447.61 USDT on Binance, is primarily attributed to significant whale accumulation activity, including a large withdrawal of 30,000 ZEC from Binance, which has sparked trader discussions about potential bullish momentum. Additional market factors such as strong trading volume exceeding $706 million, technical formations like the ascending triangle pattern, and mixed sentiment among traders—evidenced by notable long positions and profit-taking actions—have contributed to heightened volatility and market interest. Zcash continues to trade in a volatile range, with support from recent price rebounds and sustained activity above key moving averages.