Zcash Becomes 2nd-Largest Holding for Arthur Hayes
Arthur Hayes reveals Zcash is now Maelstrom’s second-largest crypto holding after Bitcoin, as ZEC surges past $750.
- Arthur Hayes says Zcash is Maelstrom’s second-largest crypto asset
- ZEC price surges to $750, highest since 2018
- Privacy narrative fuels rising interest in Zcash
BitMEX co-founder Arthur Hayes has made a bold statement about his crypto investment strategy. In a recent update, Hayes revealed that Zcash (ZEC) has become the second-largest liquid asset in his family office, Maelstrom, just behind Bitcoin. This marks a significant shift in sentiment toward privacy-centric cryptocurrencies, with Hayes embracing ZEC as a core part of his portfolio.
He noted, “Due to the rapid ascent in price, ZEC is now the 2nd largest liquid holding in the Maelstrom portfolio.”
Zcash has long been known for its focus on privacy, offering shielded transactions that hide the sender, receiver, and transaction amount. As global concerns around financial surveillance increase, such privacy features have gained renewed interest from investors.
ZEC Price Soars to Multi-Year High
Zcash recently surged to around $750, reaching its highest price level since 2018. This rally is largely attributed to the growing narrative around privacy coins in the broader crypto market.
Analysts believe this momentum could continue if demand for financial privacy grows, particularly among institutions and high-net-worth individuals who want a more private way to hold digital assets.
Hayes has been a vocal supporter of privacy coins and has previously stated that assets like Zcash could become essential in a world where digital transactions are increasingly monitored. His strong backing and portfolio reallocation now serve as a strong endorsement for ZEC.
Privacy Coins Are Gaining Momentum
The broader crypto market is starting to pay attention to privacy-focused tokens like Zcash and Monero. While regulatory scrutiny remains a concern, the demand for anonymous transactions is clearly growing.
Zcash’s recent rally and increased prominence in Hayes’ Maelstrom portfolio highlight a trend: investors are beginning to value not just decentralization, but also confidentiality.
With one of crypto’s most influential figures now significantly invested, Zcash’s future looks more promising than it has in years.
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