CoinOtag
2025-12-29 19:42:47

Zcash Kraken Withdrawal May Herald Upside as Shorts Face Liquidation Stress

A new wallet withdrew 7,714 ZEC valued at $4.12 million from Kraken, marking a significant ZEC Kraken withdrawal. This move tightens exchange supply, counters bearish derivatives positioning, and historically precedes upside moves, with ZEC trading near $536 amid short liquidations. Massive 7,714 ZEC outflow from Kraken reduces available supply on exchanges. New wallet with no [...]

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