**BitMEX Co-Founder Arthur Hayes Highlights Zcash as Maelstrom’s Second-Largest Liquid Holding**
BitMEX co-founder Arthur Hayes recently revealed that Zcash (ZEC) has surged to become the second-largest liquid asset in his family office, Maelstrom’s portfolio—second only to Bitcoin. This development follows a remarkable price rally for Zcash, which stands out amid a broader market downturn.
Zcash has made a notable comeback by re-entering the top 20 cryptocurrencies, boasting a market capitalization of approximately $9.4 billion. The coin briefly surpassed Hyperliquid (HYPE) last Friday, although HYPE later reclaimed its leading position.
This milestone is particularly striking considering the current market conditions, where many assets are experiencing declines. Since early October, Zcash’s price has skyrocketed by over 700%, underscoring its growing appeal.
The resurgence of Zcash is driven in part by its status as a leading privacy coin. As conversations around enhanced transaction anonymity gain traction in the crypto space, Zcash has attracted renewed interest from investors and enthusiasts alike.
Arthur Hayes has emphasized Zcash’s critical role in evolving portfolio strategies, highlighting its strong privacy features. Amid a growing privacy-trading narrative, investors are increasingly shifting allocations toward assets like Zcash that offer robust confidentiality capabilities.
As privacy concerns continue to shape the crypto landscape, Zcash’s rising prominence in portfolios like Maelstrom’s signals a significant trend toward prioritizing privacy-centric digital assets.
https://cryptobriefing.com/zcash-second-largest-hayes-maelstrom-portfolio/