BlockBeats News, November 11th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale accumulation signal was detected on ZEC on Binance, with about 2200 coins being traded in a single second, equivalent to approximately $33 million.
Based on Binance’s 1-second interval candlestick chart, a large number of buy orders appeared intensively between 09:35-09:44 this morning, with each order purchasing around 2200 ZEC (about $1.2 million). This caused the candlestick chart to exhibit a “dinosaur spine”-like shape in a short period of time, indicating that the large buy orders seemed to be split into dozens of market orders, resulting in three waves of concentrated buy orders within 10 minutes.
