ZEC prices are rising as multiple newly created wallets move the token off exchanges. Lookonchain identified four addresses involved in recent withdrawals: t1UcyM withdrew 15,860 ZEC worth about $22.69 million from Binance on Sept. 18; t1fXjw withdrew 7,081 ZEC worth about $10.29 million from multiple exchanges over two days; t1YLeD withdrew 5,818 ZEC worth about $8.45 million; and t1gxP4 withdrew 3,534 ZEC worth about $4.72 million from Binance. All four transfers went to newly created wallet addresses. Moving ZEC off exchanges can reduce tokens immediately available for trading, although the activity does not establish the holders’ intentions.