Zcash has witnessed a remarkable surge of 230% over the past month and a staggering 1,200% increase over the last three months. This impressive climb has broken through a technical flag pattern on October 24th as large-scale wallet holders continue to accumulate the cryptocurrency, known for its focus on privacy. The token’s price recently reached $518 on November 6th, representing an 18% increase in just 24 hours. This period of rapid growth was accompanied by a significant decrease in retail selling pressure, evidenced by a plunge in exchange inflows. The Chaikin Money Flow (CMF) indicator now indicates strong institutional buying momentum, signaling sustained interest.