Recently, an on-chain monitoring tool captured an intriguing operation—a ZEC whale suddenly bought 10,000 tokens at a market price of $510. This move immediately triggered multiple alert systems.

According to on-chain data tracking, this whale's holdings exceed $30 million, with unrealized gains reaching $6.5 million, yet they chose to increase their position at this time. This behavior pattern warrants attention. Interestingly, the big player later appeared in a well-known live stream, even revealing their market intentions.

The authenticity of this increased position can be verified through publicly available on-chain transfer records. More importantly, the whale hinted that their target price is $1,000 and stated that this additional purchase is to lay the groundwork for subsequent market actions. They even mentioned the possibility of dumping the position at a specific time.

Tracing back on-chain data shows that the whale's cost basis, timing of additional purchases, and fund flow are all fully recorded. Their operation method is clearly not at a retail level but involves large capital with specific goals and timing plans.

The key questions now are: Is this a genuine market signal or a smoke screen for testing? What will be the next move after the whale's increased ZEC position? How should we interpret on-chain monitoring data reasonably? These are current market phenomena worth paying attention to.