Noticing that ZEC has recently had a significant move—whale transferred 74,002 coins to a major exchange in one go, worth approximately $35.75 million. Such large deposits are often associated with the intention to sell, as dumping a large amount of chips into an exchange usually indicates an upcoming sell-off plan.

However, from a candlestick perspective, ZEC's current performance remains relatively stable. The price is still moving within the established channel, with no signs of abnormal breakouts. The overall trend is quite regular. In the short term, there are no obvious warning signals from the technical side, but this large deposit is indeed worth paying attention to—if accompanied by sufficient volume later, it could develop into actual selling pressure.