ZCash Rises 7% After Digital Currency Group CEO Announces $ 85 Million Purchase By Cointelegraph

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Digital Currency Group CEO and Founder Barry Silbert bought more ZCash to add to his company coffers as the token price rose above $ 240 for the first time in days.

In a Wednesday tweet to his more than 678,000 subscribers, Silbert announcement the purchase of $ 85 million in Zcash (zec), or approximately 376,106 tokens assuming an average price of $ 226. The buy is just the latest for Silbert, who appears to be portraying himself as a nonconformist in the crypto market – responding to negative comments on ZEC by buying millions more.

Source: TradingView

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