ZecNews reports that on September 7, after ZEC doubled in value, two early winners appeared to simultaneously change their minds. With cost bases of only $620 to $636 per address, their combined unrealized profit now totals approximately $5.73 million; however, this morning, they placed take-profit orders above $14.21 million just 84 seconds apart—their latest exit positions...
ZEC early winners may be exiting after the price doubled
MarsBitShare
Summary
Price action in ZEC suggests early holders may be shifting focus after the price doubled. Two major holders, averaging $620 to $630, have placed sell orders totaling $14.21 million above current levels. This move aligns with a take-profit strategy, as on-chain data indicates profit-taking is accelerating.
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