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Analysts: There are signs of Whale accumulation of ZEC on CEX, with a total value of approximately 33 million US dollars.
On November 11, according to on-chain analyst Ai Yi (@ai_9684xtpa), signs of whale accumulation of ZEC on CEX were detected, with approximately 2,200 ZEC traded per second, valued at about 33 million USD. Based on the CEX K-line (1s interval), during the period from 09:35 to 09:44 this morning, there were concentrated large buy orders, with each order purchasing around 2,200 ZEC (about 1.2 million USD). This caused the K-line to take on a “dinosaur spine” shape in a short period, suggesting that large buy orders were split into dozens of transactions at market price, with a total of three waves of concentrated buy orders within 10 minutes.