$17M Zcash Withdrawn as Price Consolidates
$17M in Zcash pulled from exchanges amidst price consolidation.
Key Metrics Signal Zcash's Next Move
17 million dollars in Zcash (ZEC) has been pulled from exchanges over the past week, according to DefiLlama. This significant withdrawal comes as the price of Zcash consolidates after a 700% surge in the last three months, ending on December 13, 2025.
Zcash's total value locked (TVL) stands at $320 million, a 25% increase from the month prior. This TVL growth suggests continued institutional interest despite the price pause. Daily trading volume has dropped from a peak of $450 million to $280 million—still robust, but a 38% decline indicating a cooling off period.
Comparatively, Bitcoin and Ethereum have seen more stable price movements with less dramatic withdrawals. Bitcoin's recent 30-day volume averaged $22 billion daily, while Ethereum's was $10 billion. Both assets exhibit significantly higher liquidity and less volatility than Zcash.
Zcash's price action aligns with historical patterns observed during previous bull runs. In 2021, after a 600% increase over two months, Zcash saw a similar 20% pullback before resuming its uptrend. Current data from Dune shows that long-term holders—those holding for over a year—have increased their positions by 12%, further supporting the notion of a healthy consolidation rather than a bearish reversal.
User counts on Zcash's network have also grown, with a 15% rise in unique addresses over the past month. Transaction fees remain low at an average of $0.002 per transaction, maintaining Zcash's appeal for privacy-focused users.
The combination of these metrics—large withdrawals, increasing TVL, and growing user base—suggests that Zcash is likely in a temporary pause rather than a trend reversal. Investors should monitor these indicators closely for signs of a continued bullish trend.
Marcus is a smart contract security auditor who has reviewed over 200 protocols. He has contributed to Slither and other open-source security tools, and now focuses on educating developers about common vulnerabilities and secure coding practices. His security alerts have helped prevent millions in potential exploits.
