Monero Surges on $23 Million Whale Buy as Zcash Price Dips

Monero Surges on $23 Million Whale Buy as Zcash Price Dips

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Monero (XMR) experienced a significant 6% price jump following a substantial $23 million on-chain purchase, reshaping the market narrative for privacy coins. Meanwhile, Zcash (ZEC) saw its rally cool off, with a 4% drop in its price.

Zcash drops 4% to $520 while Monero climbs 6% after a $23 million on-chain buy reroutes the privacy coin narrative.