Ah, the theater of crypto! Behold, Arthur Hayes, the maestro of BitMEX, has unveiled a twist in his financial ballet. Zcash (ZEC), that shadowy minx of the blockchain, now pirouettes as the second-largest liquid holding in his family office, Maelstrom. Only Bitcoin, the prima donna of the digital realm, holds a higher place in his affections. In a proclamation on X, Hayes revealed this shift, as if whispering a secret to the wind, which promptly carried it to every corner of the market.
Zcash: The Phantom of the Opera (Crypto Edition)
Since September, Zcash has risen like a specter from the depths, its value soaring over 700%. Imagine, dear reader, a coin once languishing in obscurity, now strutting across the stage with intraday highs above $700! The market, ever fickle, has embraced it once more, propelling ZEC into the top 20 by market capitalization. A standing ovation, indeed!
This resurgence, they say, is fueled by a renewed fascination with privacy-a feature as elusive in crypto as a honest man in the Kremlin. Retail investors and speculators alike have flocked to ZEC, their wallets open and their hopes high. Yet, let us not forget the regulatory shadows lurking in the wings, ready to dim the lights on this performance.
“Due to the rapid ascent in price, $ZEC is now the 2nd largest LIQUID holding in @MaelstromFund portfolio behind $BTC.”
– Arthur Hayes (@CryptoHayes) November 7, 2025
Hayes’ Bold Prophecy: $10,000 or a Farce?
Hayes, ever the provocateur, has declared a long-term target for ZEC: $10,000. A number so audacious, it could only be uttered by a man who dances on the edge of reason. The headlines, of course, devoured it, and the buying frenzy intensified. Yet, he remains coy about the exact stake Maelstrom holds, leaving the audience to speculate-a classic Bulgakovian mystery!
In a Friday post on X, Hayes penned:
“Due to the rapid ascent in price, ZEC is now the second largest LIQUID holding in MaelstromFund portfolio behind BTC.”
Privacy coins, those enigmatic figures of the crypto world, are back in the spotlight. Zcash’s shielded transactions, a technical marvel, are the star of this narrative. Yet, like a character in a Bulgakov novel, they carry a dual nature: promise and peril. Regulatory risks loom, and exchanges have, in the past, turned a cold shoulder to these assets. A delicate balance, indeed!
Supply Dramas and On-Chain Intrigues
Traders, those ever-watchful eyes, are fixated on the drama unfolding on-chain. Shielded versus transparent transfers, exchange flows, and the movements of whales-all under scrutiny. A scheduled supply change in mid-November threatens to cut miner rewards, a plot twist that could tighten the available supply. Volatility, as always, reigns supreme, with gains and losses dancing in a chaotic waltz.
Hayes’ disclosure has thrust Zcash back into the headlines, a move as calculated as a chess master’s gambit. Will it draw more capital into privacy tokens, or will the regulatory specter spoil the party? Only time, that relentless narrator, will tell. 🕰️✨
Read More
- USD RUB PREDICTION
- Gold Rate Forecast
- MNT PREDICTION. MNT cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
- How to Get Sentinel Firing Core in Arc Raiders
- BNB PREDICTION. BNB cryptocurrency
- EUR INR PREDICTION
- Silver Rate Forecast
- Top 8 UFC 5 Perks Every Fighter Should Use
- All Exploration Challenges & Rewards in Battlefield 6 Redsec
2025-11-09 19:14