ZEC rebounds over 5% intraday, two whales chase the rally with $23 million in purchases.

BlockBeats news, November 2 - According to TradingBeats monitoring, ZEC has been continuously rebounding from its intraday low of $1,210.8 after a decline today. As of press time, ZEC is trading at $1,272, up approximately 2.62% from midnight today, rebounding about 5.05% from the intraday low, with a high of $1,276.

During the rebound, two whales successively opened or re-established ZEC long positions, chasing the rally with a cumulative amount of approximately $23.268 million, with combined unrealized gains of about $429,000.

Among them, the address starting with 0xf081 bought approximately $7.564 million at an average price of $1,232.89, about 1.82% above the intraday low, with current unrealized gains of approximately $239,000.

Another whale, 0xbf732, re-bought approximately $15.703 million during the same period at an average price of $1,256.28, about 3.76% above the intraday low, with current unrealized gains of approximately $190,000. In addition, this account bought approximately $1.508 million worth of XMR.