Zcash rises to second-largest holding in Arthur Hayes’ Maelstrom portfolio behind Bitcoin
Crypto Briefing
Zcash is now the second-largest liquid holding in Arthur Hayes' Maelstrom portfolio, trailing only Bitcoin.Summary
BitMEX co-founder Arthur Hayes announced that Zcash (ZEC) has become the second-largest liquid asset in his family office, Maelstrom's, portfolio, surpassed only by Bitcoin, following a significant price rally. This surge propelled Zcash back into the top 20 cryptocurrencies with a market capitalization reaching $9.4 billion, despite a general market downturn. The coin has appreciated over 700% since early October, driven by renewed interest in privacy coins and Hayes' public advocacy for assets with strong transaction anonymity features.
(Source：Crypto Briefing)