Arthur Hayes Elevates Zcash to Maelstrom’s No.2 Holding After 700% Rally
Arthur Hayes has added Zcash (ZEC) as the second-largest liquid holding in his family office, Maelstrom, trailing only Bitcoin (BTC). Since September, Zcash’s price has surged over 700%, climbing from around $137 to intraday highs above $730 and lifting its market cap to roughly $9–11 billion. Daily trading volume has jumped by 139% to $4.6 billion as traders renew focus on privacy coins. Hayes has set an ambitious long-term target of $10,000 per ZEC, citing growing demand for financial privacy and Zcash’s shielded-transaction features. Key metrics to watch include the ratio of shielded versus transparent transfers, exchange flows, and a mid-November supply change that will cut miner rewards. Despite ongoing volatility, this high-profile endorsement may attract further capital into Zcash and other privacy coins, influencing both short-term price action and long-term supply dynamics.
Bullish
Arthur Hayes’s decision to make Zcash the second-largest holding underscores strong institutional conviction and has coincided with a 700% price surge. The combination of on-chain metrics—such as shielded versus transparent transfer ratios—rising trading volumes, and an upcoming supply reduction in mid-November supports continued upside. While volatility may persist, high-profile endorsement and fundamental demand for privacy features drive bullish sentiment for both short-term momentum and long-term valuation of Zcash.