ZEC whales distribute holdings at high levels, with early long-term holders taking profits and new buyers pouring $17 million into the market.

Per TradingBeats monitoring, ZEC is currently trading at approximately $1,218.8. An address starting with 0xbf73 sold all 13,000 ZEC in three batches from the evening of September 9 to early this morning, totaling about $16.4017 million, with an average closing price of roughly $1,261.67. The address’s original holding cost was around $869.6, generating an approximate profit of $5.096 million from this round; its current ZEC positions and pending orders have been reduced to zero. While early long positions are exiting, an address starting with 0x152e is expanding its ZEC position. Over the same period, this address accumulated an additional 9,426.59 ZEC, with actual purchases totaling ~$11.636 million at an average entry price of ~$1,234.38. Adding to its existing holdings, its total position now stands at 11,739.54 ZEC, valued at ~$14.3082 million, with an overall average cost of ~$1,217.62, currently holding an unrealized profit of ~$13,900. The latest purchases have fallen below its average entry price of $1,234.38, but the address still maintains buy orders worth ~$3.01 million at $1,185.5 to $1,205.5, planning to expand its position further to $17 million if prices decline more. The on-chain perpetual contract and address analysis tool TradingBeats is now live, supporting real-time Hyperliquid data viewing—from address tracing to whale operations, with in-depth analysis available at a glance.