Behold, the enigmatic Arthur Hayes, co-founder of BitMEX, who, with the precision of a man preparing for a grand theatrical performance, transferred $2.5 million worth of Ethereum and its ilk to the esteemed market makers-Flowdesk, FalconX, and Wintermute. 🧾
Blockchain analyst EmberCN, ever the detective, observed these movements and pondered aloud: “Is this a prelude to a ZEC acquisition? Or merely a dance of liquidity?” 🕵️♂️
Hayes, a man of fervent convictions, has been seen championing ZEC during this privacy coin crescendo. On November 15, he declared, “This chart is just so strong I aped more. $ZEC,” as if the token were a long-lost friend. 🧠

Arthur Hayes Transfers ETH and Ecosystem Tokens Worth $2.5M
EmberCN, with the diligence of a man chasing a ghost, tracked Hayes’ wallet as it sent 520 ETH (worth $1.66 million), 2.624 million ENA tokens ($730,000), and 132,000 ETHFI ($120,000) to the market makers. A symphony of transactions, one might say. 💸
Hayes, ever the provocateur, also tested a transfer of 10 LDO tokens to FalconX, 50 minutes after the initial flurry. EmberCN, with a sigh, noted, “He should continue selling LDO soon.” A prophecy, perhaps? 🧙♂️
Subsequent reports revealed Hayes’ sales: 260 ETH ($820,000), 2.40 million ENA ($657,000), 640,000 LDO ($480,000), 1,630 AAVE ($290,000), and 28,670 UNI ($211,000). Total: $2.45 million. A veritable treasure trove. 🎁
EmberCN, ever the skeptic, asked, “Is this selling coins to add to $ZEC? He’s been crazily pumping ZEC during this period.” A question that hangs in the air like the scent of burnt toast. 🍞
Maelstrom CIO Calls ZEC Superior to XRP
Hayes, with the fervor of a prophet, has repeatedly declared, “ZEC > XRP,” suggesting Zcash could eclipse Ripple in market cap. A bold claim, akin to declaring the sky is green. 🌤️
This chart is just so stronk I aped more.$ZEC > $XRP
– Arthur Hayes (@CryptoHayes) November 15, 2025
The Maelstrom Fund CIO, with the optimism of a man who’s never lost a bet, predicted ZEC could reach $10,000-$20,000. A dream, perhaps, but one worth entertaining. 🌌
Hayes revealed Zcash is now Maelstrom’s second-largest holding after Bitcoin. “Bitcoin with full privacy,” he called it, a phrase that sounds like a marketing slogan for a luxury product. 🛍️
In mid-November, Hayes urged ZEC holders to “withdraw to a self-custodial wallet and shield it.” A call to arms, or merely a plea for security? 🛡️
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2025-11-16 19:37