{"id":12532,"date":"2025-11-18T02:10:03","date_gmt":"2025-11-18T02:10:03","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=12532"},"modified":"2025-11-18T02:10:08","modified_gmt":"2025-11-18T02:10:08","slug":"arthur-hayes-shifts-2-5m-in-cryptofueling-fresh-zec-speculation","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/11\/18\/arthur-hayes-shifts-2-5m-in-cryptofueling-fresh-zec-speculation\/","title":{"rendered":"Arthur Hayes Shifts $2.5M in CryptoFueling Fresh ZEC Speculation"},"content":{"rendered":"\n<p>BitMEX co-founder and Maelstrom Fund CIO <strong>Arthur Hayes<\/strong> moved over <strong>$2.5 million<\/strong> worth of Ethereum and ecosystem tokens to major market makers, raising questions about whether he is reallocating capital into <strong>Zcash (ZEC)<\/strong> amid his aggressive bullish stance on the privacy coin.<\/p>\n\n\n\n<p>Blockchain researcher <strong>EmberCN<\/strong> flagged the transfers on-chain and suggested the liquidation activity might be tied to Hayes increasing his ZEC exposure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hayes Has Been Openly Bullish on ZEC<\/strong><\/h2>\n\n\n\n<p>Hayes has repeatedly expressed strong conviction in Zcash throughout its explosive rally. On November 15, he posted on X:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis chart is just so strong I aped more. $ZEC\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>ZEC has surged over <strong>700% since October<\/strong>, and Hayes has been among its most vocal supporters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Breakdown of Hayes\u2019 Transfers<\/strong><\/h2>\n\n\n\n<p>According to EmberCN\u2019s analysis, Hayes sent assets to <strong>Flowdesk<\/strong>, <strong>FalconX<\/strong>, and <strong>Wintermute<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>520 ETH<\/strong> (~$1.66M)<\/li>\n\n\n\n<li><strong>2.624M ENA<\/strong> (~$730k)<\/li>\n\n\n\n<li><strong>132,000 ETHFI<\/strong> (~$120k)<\/li>\n\n\n\n<li><strong>10 LDO<\/strong> test transfer<\/li>\n<\/ul>\n\n\n\n<p>These initial moves were followed by larger sell transactions across key tokens.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Follow-Up Sales Reported:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>260 ETH<\/strong> (~$820,000)<\/li>\n\n\n\n<li><strong>2.40M ENA<\/strong> (~$657,000)<\/li>\n\n\n\n<li><strong>640,000 LDO<\/strong> (~$480,000)<\/li>\n\n\n\n<li><strong>1,630 AAVE<\/strong> (~$290,000)<\/li>\n\n\n\n<li><strong>28,670 UNI<\/strong> (~$211,000)<\/li>\n<\/ul>\n\n\n\n<p>Together, these sales total roughly <strong>$2.45 million<\/strong>  almost identical to the amount originally moved.<\/p>\n\n\n\n<p>EmberCN questioned if the intent behind the selling was to accumulate more ZEC:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIs this selling coins to add to $ZEC? He\u2019s been crazily pumping ZEC during this period.\u201d<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Hayes Is Hyping Zcash<\/strong><\/h2>\n\n\n\n<p>In recent weeks, Hayes has repeatedly argued that ZEC is massively undervalued. He even claimed:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u201cZEC &gt; XRP\u201d<\/strong> in market potential<\/li>\n\n\n\n<li>Zcash could reach <strong>$10,000\u2013$20,000 per coin<\/strong><\/li>\n\n\n\n<li>ZEC\/BTC pair might hit <strong>0.2<\/strong>, implying a ~<strong>$19,200 ZEC<\/strong> price<\/li>\n\n\n\n<li>Zcash is \u201c<strong>Bitcoin with full privacy<\/strong>\u201d<\/li>\n<\/ul>\n\n\n\n<p>He also revealed that ZEC is now <strong>Maelstrom\u2019s second-largest liquid holding<\/strong> after Bitcoin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Encouraging Self-Custody<\/strong><\/h2>\n\n\n\n<p>Mid-November, Hayes urged users to remove ZEC from exchanges:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIf you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>The statement added to speculation that Hayes sees a major wave for privacy coins ahead  and may be positioning himself early.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Is Hayes Positioning for a Bigger ZEC Run?<\/strong><\/h2>\n\n\n\n<p>While Hayes hasn\u2019t confirmed that he\u2019s buying more ZEC, his:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>asset transfers<\/li>\n\n\n\n<li>token sales<\/li>\n\n\n\n<li>repeated ZEC commentary<\/li>\n\n\n\n<li>aggressive price targets<\/li>\n<\/ul>\n\n\n\n<p>\u2026have fueled speculation that he\u2019s rotating out of ETH and DeFi tokens to double down on Zcash.<\/p>\n\n\n\n<p>For now, blockchain watchers and traders are monitoring his wallet closely as ZEC continues to be one of the most talked-about assets of the season.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX co-founder and Maelstrom Fund CIO Arthur Hayes moved over $2.5 million worth of Ethereum and ecosystem tokens to major market makers, raising questions about whether he is reallocating capital into Zcash (ZEC) amid his aggressive bullish stance on the privacy coin. Blockchain researcher EmberCN flagged the transfers on-chain and suggested the liquidation activity might&#8230;<\/p>\n","protected":false},"author":3,"featured_media":12533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[65,1836,1835],"class_list":["post-12532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-crypto","tag-hayes","tag-zec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arthur Hayes Shifts $2.5M in CryptoFueling Fresh ZEC Speculation - Crypto News<\/title>\n<meta name=\"description\" content=\"BitMEX co-founder Arthur Hayes transferred $2.5M in ETH and ecosystem tokens to market makers, sparking speculation that he may be rotating into Zcash after repeatedly signaling bullish predictions for 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