ZEC in Trouble: Large investors' $30 million buy-in can't save it, structural weakness makes it hard to break through the 400 resistance level

HashBandit · 2026-01-17T23:20:09+00:00

ZEC's recent price hovers around $402, facing the risk of falling below $400. Despite large investors purchasing 76,000 ZEC, the price remains weak. On-chain data shows spot market accumulation, but ZEC is still below key moving averages, indicating structural weakness and the need to wait for a true reversal.

HashBandit

2026-01-17 23:20:09

Abstract generation in progress

【Crypto World】ZEC has been a bit uncomfortable lately. The price hovers around $402, approaching the psychological barrier of $400. The most heartbreaking part is that a large holder bought over 76,000 ZEC from Binance a few days ago, spending $31.65 million, but the price still shows little sign of recovery.

From on-chain data, the spot market is clearly accumulating, with net inflows on exchanges being negative, indicating that many are transferring coins out of exchanges to hold. Ideally, this should be a positive signal, but ZEC just won’t cooperate—its price remains below the key moving averages, and the overall trend is very weak. What does this mean? It indicates that ZEC is currently structurally weak, not just a short-term correction. A true reversal will require more patience.

ZEC-3,16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
4
Repost
Share

Comment

0/400

BoredWatcher

· 19h ago

31.65 million invested and still no movement, ZEC is really hopeless This big investor must be so bored, still having to keep guarding? Structural weakness is just a polite way of saying no one wants it.

View OriginalReply0

ImpermanentPhilosopher

· 19h ago

Over 30 million invested and still can't get it off the ground, this ZEC is really not impressive.

View OriginalReply0

ETH_Maxi_Taxi

· 19h ago

Over 30 million dollars poured in and still can't save it, ZEC is really beyond saving. --- Big investors trying to bottom out are useless, what does that say? Retail investors have even less chance. --- The term "structural weakness" actually means it might continue to decline, right? --- I said ZEC, but you should rebound. Such uncooperative behavior. --- Holders are just holding on tight, I think it will break support sooner or later. --- $31.65 million can't even move it, how bearish is that? --- Instead of waiting for a reversal, it's better to look at other coins. ZEC is really discouraging. --- Wait, wait, wait. Big investors are waiting, retail investors are trapped. Who's making money? --- Accumulating spot holdings is pointless; the price just won't give face. --- ZEC's bear market looks like it will fall further.

View OriginalReply0

ZkSnarker

· 19h ago

imagine if $31M of whale buying power can't even budge the price... that's not a dip, that's structural rot tbh. the accumulation narrative only works if price actually responds at some point, ngl.

Reply0