ZEC whale large transfers draw attention, privacy coin drops 7% against the trend

【Crypto World】Entering 2026, significant movements have appeared in the Zcash ecosystem. Over 200,000 ZEC have flowed out of the private pool, accounting for about 1.2% of the circulating supply. Subsequently, 74,002 ZEC (equivalent to approximately $35.75 million) were transferred by a large whale to a major exchange. Everyone knows what this usually indicates—likely paving the way for large-scale sell-offs.

Interestingly, despite the entire altcoin sector booming with a 7% increase over the week, ZEC instead declined against the trend, dropping from $530 to $490, a 7% decrease. This “doing its own thing” trend actually reflects the recent awkward situation of the privacy coin sector—market enthusiasm continues to decline. This whale operation, to some extent, also confirms the market’s pessimistic outlook on ZEC’s future performance.