PANews reported on November 11th that, according to on-chain analyst @ai_9684xtpa, a whale is suspected of accumulating large amounts of ZEC tokens on Binance, with a single transaction of 2200 ZEC tokens per second, totaling over $30 million. Between 09:35 and 09:44 this morning, Binance saw a flurry of large buy orders, each purchasing approximately 2200 ZEC tokens (about $1.2 million). This caused the candlestick chart to show a "dinosaur's back" shape in a short period, seemingly indicating that the large buy order was broken down into dozens of smaller buy orders placed at market price. These concentrated buy orders occurred in three waves within 10 minutes.