Lookonchain: New wallet t1Sj6J pulls 7,166 ZEC worth $9.67M from Coinbase in 12 hours

Lookonchain reports a newly created wallet withdrew 7,166 ZEC (~$9.67M) from Coinbase within 12 hours. A large exchange outflow can tighten near-term spot liquidity and often signals repositioning to self-custody or preparation for off-exchange activity. While directionally ambiguous without follow-through (e.g., deposits to other venues or spending), the size and speed raise monitoring importance for ZEC order books and funding conditions.