Recently, on-chain monitoring has detected an interesting phenomenon—someone has withdrawn a large amount of 50,000 ZEC from a major exchange, worth over 20 million USD. Such a large-scale operation is uncommon; what is the underlying logic behind it?
**Market News Highlights**
A single withdrawal of 50,000 ZEC is indeed significant. Generally speaking, large transfers from exchanges to wallets often indicate accumulation intentions, which can alleviate short-term selling pressure. But there is an intriguing aspect—since ZEC is a privacy coin, such a large transaction itself can easily expose identities, making it somewhat unusual. Even more interesting is that this money was not moved from a single wallet but was transferred simultaneously from three anonymous addresses, clearly showing organizational coordination. What exactly is being planned remains unclear for now.
**Technical Signals**
Looking at the candlestick performance, the MACD double lines have crossed above zero, indicating that short-term momentum is leaning bullish. However, the RSI indicator is also rising into overbought territory, suggesting that the buying momentum may be starting to weaken. Resistance is around the 517-550 range, with multiple support levels between 400-370 below. The most noteworthy detail is the trading volume—despite the price not experiencing significant changes, the activity in large transactions is increasing, which often indicates that major players are quietly positioning themselves. The timing for a potential trend reversal may not be far off.
**Key Market Positioning**
Currently, the market is shifting positions around the 444 level. If volume can pick up and hold steady above this point, there is a foundation to test the 477 resistance. Conversely, if it falls below 440, caution is needed. During this phase, the most important thing is to avoid chasing the market or rushing to sell; waiting for a volume breakout or other confirmed signals is the safest approach. The price is repeatedly testing the 444 level, and patience may be more valuable than rushing forward.
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FundingMartyr
· 6h ago
Transferring 50,000 ZEC like this, privacy coins become less private. This logic is a bit crazy.
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Withdrawing to three addresses simultaneously? Obviously someone is planning something, but I can't quite figure out what.
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RSI is already overbought, yet people are still chasing. Are these folks really not afraid of getting cut?
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Repeatedly testing the 444 threshold looks exhausting. Better to wait for a clear signal before jumping in.
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I believe in strong accumulation intentions, but doing such a big move with privacy coins might expose oneself. It's a bit counterproductive.
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The activity level of block trades is rising... the big players are scheming again in a sneaky way. I'm tired of this routine.
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Once the 440 level breaks, I'll just run. No need to overthink it.
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Is it true? Can 50,000 ZEC be transferred so smoothly? What about the exchange's risk control?
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Repeated tug-of-war around 444. What are they waiting for? Patience is indeed important, but it's also too torturous.
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Using privacy to transfer privacy coins is actually more suspicious. It's a bit ironic.
View OriginalReply0
wrekt_but_learning
· 6h ago
50,000 ZEC withdrawn in one go? Privacy coins are still playing so high-profile, this logic is a bit strange.
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Three addresses synchronized transfers, obviously someone is coordinating behind the scenes.
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RSI is already in overbought territory, still want to chase? Wake up, brothers.
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Is 444 really such a critical level? Feels like every time it's mentioned.
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Is rising activity in large transactions just indicating major players are positioning? That logic is too far-fetched.
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Privacy coins openly exposing identities with large withdrawals—this move feels like a reverse operation.
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Wait, 50,000 ZEC coming out of three addresses—is this an organized effort or just a coincidence?
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Only buy in after a volume breakout? I'm tired of hearing that. When the real trend changes, no one will care anymore.
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If it drops below 440, be cautious. What about 450? 460? Every line is a life-and-death line.
View OriginalReply0
GasBankrupter
· 6h ago
Fifty thousand ZEC withdrawn all at once. What is this guy trying to do... Privacy coins are still so high-profile, not afraid of exposure?
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Reaching this price level of 444 repeatedly testing, feeling like waiting for some signal.
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Three addresses synchronized to transfer out? That's an interesting move, quite organized.
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RSI has entered overbought, yet people are still chasing. Truly brave...
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I trust the main players are positioning, but when will there be a volume breakout? I'm exhausted waiting.
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Operations worth 20 million USD, even ZEC, a privacy coin, is starting to be targeted.
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If it breaks below 440, I’ll run. Remember this line.
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Active block trades are increasing... Is a trend reversal really coming, or are they just fooling me again?
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Repeatedly testing around 445, no rush, everyone.
View OriginalReply0
RugpullSurvivor
· 6h ago
Pushing out 50,000 ZEC at once is indeed a bit aggressive, but the irony of privacy coins exposing identities is hilarious.
Three addresses transferring simultaneously sounds like someone is secretly planning something, and the whole manner is a bit ugly.
The key point at 444 depends on whether it can hold steady, otherwise it’s really exhausting.
View OriginalReply0
GasFeeTears
· 6h ago
50,000 ZEC withdrawn in one go, this move... is really a bit outrageous
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HODLing privacy coins like this actually makes exposure easier, the logic is a bit tangled haha
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Three addresses synchronized to transfer out? Feels organized, waiting for the follow-up reversal
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If 444 can't hold this critical position, I'll just observe for now, no rush
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MACD crossing above zero but RSI overbought, this signal is a bit contradictory
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Are the big players quietly positioning? Then I'll just watch coldly and wait for a trend reversal
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A move of 20 million USD, definitely not without a plan
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Is ZEC this round about accumulation or what? I can't quite understand
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If it breaks below 440, be cautious; maybe wait for volume signals before acting
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Increased activity in block trades, definitely a bit interesting
Recently, on-chain monitoring has detected an interesting phenomenon—someone has withdrawn a large amount of 50,000 ZEC from a major exchange, worth over 20 million USD. Such a large-scale operation is uncommon; what is the underlying logic behind it?
**Market News Highlights**
A single withdrawal of 50,000 ZEC is indeed significant. Generally speaking, large transfers from exchanges to wallets often indicate accumulation intentions, which can alleviate short-term selling pressure. But there is an intriguing aspect—since ZEC is a privacy coin, such a large transaction itself can easily expose identities, making it somewhat unusual. Even more interesting is that this money was not moved from a single wallet but was transferred simultaneously from three anonymous addresses, clearly showing organizational coordination. What exactly is being planned remains unclear for now.
**Technical Signals**
Looking at the candlestick performance, the MACD double lines have crossed above zero, indicating that short-term momentum is leaning bullish. However, the RSI indicator is also rising into overbought territory, suggesting that the buying momentum may be starting to weaken. Resistance is around the 517-550 range, with multiple support levels between 400-370 below. The most noteworthy detail is the trading volume—despite the price not experiencing significant changes, the activity in large transactions is increasing, which often indicates that major players are quietly positioning themselves. The timing for a potential trend reversal may not be far off.
**Key Market Positioning**
Currently, the market is shifting positions around the 444 level. If volume can pick up and hold steady above this point, there is a foundation to test the 477 resistance. Conversely, if it falls below 440, caution is needed. During this phase, the most important thing is to avoid chasing the market or rushing to sell; waiting for a volume breakout or other confirmed signals is the safest approach. The price is repeatedly testing the 444 level, and patience may be more valuable than rushing forward.