ZEC bounces back above $600! The giant whale bought 20,800 Zcash long at the bottom, and now has a floating profit of US$1.5 million.

The privacy coin Zcash (ZEC) rebounded to exceed US$600 this morning (9). The whale went long at the US$509.5 level during the correction, and now has a floating profit of US$1.5 million.
(Preliminary summary: Zcash (ZEC) soared to US$629! The market value soared over 10 billion, a 40-fold increase in 15 months)
(Background supplement: Arthur Hayes predicted: $ZEC will rise to 1,000 US dollars! A big victory in the privacy track, or crazy speculation?)

The privacy coin Zcash (ZEC) hit 750 on November 7 The U.S. dollar finally experienced a correction and fell as low as $488 in the early morning of today (9th). However, ZEC quickly rebounded, reaching $627 this morning. At the time of writing, ZEC is temporarily trading at US$570, with a market capitalization of approximately US$9.4 billion, ranking 20th in the overall cryptocurrency market, with an increase of 40% in the past seven days.

The whale accurately bought ZEC and made a profit of US$1.5 million

According to on-chain data analyst Ember this morning at 8:50 According to monitoring, during ZEC's rebound after the correction, a giant whale went long 20,800 ZEC at a price of US$509.5 this morning, worth approximately US$12.12 million, and has now made a profit of US$1.5 million.

ZEC rallied above $750 before retracing to $488 before rising again to $600.

A whale bought 20,800 ZEC ($12.12 million) at the bottom 8 hours ago at a price of $509.5, and currently has a successful profit of $1.51 million.

Address: https://t.co/Xva1nJtU6x #OKX pic.twitter.com/KRiqTAw6ge

— Ember (@EmberCN) November 9, 2025