A Certain ZEC Whale 'Sold Too Early' 139,600 Tokens, Missing Over $110 Million in Potential Profits

BlockBeats news, September 25th, according to TradingBeats monitoring, a certain ZEC whale previously sold 139,600 ZEC at a total price of approximately $111 million, but at today's prices, this batch of ZEC has risen in value to approximately $223 million, meaning it missed out on over $110 million in potential gains in just four weeks.

Previously, from August 26th to 27th, a wallet cluster possibly associated with Bitkub co-founder and former chairman Sakolkorn Sakavee continuously unshielded ZEC and transferred it to Hyperliquid. Among this, on August 26th, the wallet cluster unshielded 34,100 ZEC (approximately $26.1 million), then sold 24,100 ZEC and bought 238 BTC.

As of August 27th, the wallet cluster had cumulatively unshielded 65,820 ZEC (approximately $51.6 million), accounting for about 0.4% of ZEC's circulating supply and 1.37% of ZEC currently in shielded status, and had sold 53,900 ZEC (approximately $42.3 million), while buying 536.7 BTC. At that time, 8,370 ZEC remained listed for sale on Hyperliquid.

Now, the 139,600 ZEC previously sold by the relevant wallet has risen significantly in value compared to then, with missed potential gains exceeding $110 million.