Arthur Hayes Shifts Portfolio: Focusing on Zcash Amid Altcoin Correction

Crypto veteran Arthur Hayes has made strategic adjustments to his portfolio during the recent market downturn. He sold significant holdings in major altcoins like Ethereum, Lido DAO, and Uniswap, totaling nearly $5 million, shifting capital towards Zcash. This move reflects a shift in strategy as Hayes now prioritizes Zcash, listing it as his second-largest liquid position after Bitcoin. The rationale behind this decision is based on the token’s high upside potential within a privacy-focused ecosystem, even though its market cap remains relatively small compared to other major players.