Overview
- Transfers identified by EmberCN show roughly $2.5 million moved to Flowdesk, FalconX, and Wintermute, including 520 ETH worth about $1.66 million, 2.624 million ENA near $730,000, and about 132,000 ETHFI around $120,000.
- Follow-up reports cite additional sales of 260 ETH at roughly $820,000 and liquidations of LDO at about $480,000, AAVE near $289,000, and UNI around $211,000, bringing sales to roughly $2.45 million.
- Lookonchain and crypto.news framed the activity as part of a broader reduction in altcoin exposure after a market pullback.
- Hayes publicly praised Zcash, posting “This chart is just so strong I aped more. $ZEC” on Nov. 15 and asserting “ZEC > XRP.”
- He urged ZEC holders to withdraw to self-custody and shield funds, while Maelstrom’s CIO floated price targets between $10,000 and $20,000 for ZEC.