ZEC Whale Swaps Hands at Highs, Early Bulls Take Profits as $17 million in New Buyers Enter

BlockBeats news, September 10 — according to TradingBeats monitoring, ZEC is currently trading at around $1,218.8. An address starting with 0xbf73 sold all 13,000 ZEC in three rounds from the evening of September 9 to the early hours of today, totaling approximately $16.4017 million, with an average closing price of about $1,261.67. Its original holding cost was about $869.6, and the cumulative realized profit from this round is approximately $5.096 million. Its current ZEC position and open orders have both been reduced to zero.

As early longs exit, an address starting with 0x152e is expanding its ZEC position on the other side.

During the same period, the address starting with 0x152e accumulated an additional 9,426.59 ZEC, with actual purchases of approximately $11.636 million, at an average add-on price of about $1,234.38. After combining with its original position, its holdings expanded to 11,739.54 coins, worth approximately $14.3082 million, with a blended cost of about $1,217.62, and it currently has an overall unrealized gain of approximately $13,900.

The latest purchased portion has already fallen below its $1,234.38 add-on average price, but the address still maintains buy orders of approximately $3.01 million between $1,185.5 and $1,205.5, planning to continue expanding its position to $17 million if the price falls further.

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