Monero (XMR) surged 11% to $396.75 following a significant $23 million on-chain purchase, contrasting with Zcash (ZEC), which fell over 6% to $520.05 as traders took profits from a recent rally. The divergence highlights ongoing debates over the superiority of privacy features between the two coins. Zcash's recent decline follows a 56% monthly surge, driven by factors such as the SEC's closure of its probe into the Zcash Foundation and Grayscale's ETF filing. Meanwhile, Monero's rise was linked to a large, unexplained purchase through the Wagyu OTC venue, sparking speculation about the source of funds. Monero's market cap now stands at $7.43 billion, compared to Zcash's $8.67 billion, reflecting differing community views on privacy technology.