ZEC to buy more 8,017 dollars, subtracting the average price from the remaining 1,622 dollars
#The dollar#Eight hundred and eighty thousand#The price of digital assets#The average price
One address used 12.62 million dollars to buy ZEC plus 8,017 dollar average price left 1,622 dollars
What's going on?
A report from Odaily states that the top one addresses cost12.62 million dollars or about17.1 billion won to buy an additional ZEC 8,017 dollars, thus reducing the average purchase price of such addresses to a mere 1,622 dollar. Meanwhile, the report does not confirm the period of increased purchases and the total number of ZEC .8,017
Why does it matter?
A decrease in the average price of an address may reflect that new purchases are less expensive than their original cost, or lower its capital base. ZEC is a digital asset often discussed privately in context. Large-address movements can therefore be signals that markets pick up on even without explanation from owners.
How does it affect the reader?
Readers who follow data on blockchains should separate fact from interpretation, as the report has not yet confirmed all ZEC buy-in periods and number of average price views.1,622 The dollar doesn't say what the current market price is, nor does it say whether ZEC will go up or down.
It's a warning.
This article is for informational purposes only, not investment advice.
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