[A newly created wallet withdrew 7,166 ZEC worth approximately $9.67 million from Coinbase in the past 12 hours] According to monitoring by Lookonchain, a newly created wallet address (t1Sj6J) withdrew 7,166 ZEC worth approximately $9.67 million from Coinbase in the past 12 hours. It is currently unclear whether the address belongs to an individual investor, an institution, or another entity.