Arthur Hayes Advises ZEC Holders to Secure Their Assets

Arthur Hayes, co-founder of BitMEX, advised Zcash (ZEC) holders to withdraw their tokens from centralized exchanges and use self-custodial wallets for privacy on November 12, 2025.

Hayes’ suggestion highlights ongoing privacy concerns amid rising regulatory scrutiny, potentially affecting ZEC’s market liquidity and sparking major asset transfers to self-custodial wallets.

Arthur Hayes’s Recommendation for ZEC Holders

Arthur Hayes, BitMEX co-founder, urges Zcash (ZEC) holders to move their tokens into self-custodial wallets using the shielded address feature for maximum privacy. His announcement came amid a period of significant volatility for the ZEC price. Hayes’s advice includes withdrawing ZEC from centralized exchanges. This follows his prediction of ZEC potentially reaching $10,000. His emphasis on privacy reflects broader concerns about regulatory scrutiny of privacy-focused cryptocurrencies like Zcash.

Arthur Hayes, Co-founder, BitMEX – “If you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it.”: source

Market Impact and Financial Implications

The advice caused significant movement within the market, with a dramatic increase in ZEC withdrawals from exchanges. Exchanges saw liquidity impacts, and ZEC’s price corrected after an initial increase. However, analysts report technical resilience in the ZEC network. Financial implications are notable, with Hayes affirming ZEC as a substantial part of his asset portfolio. The move suggests institutional interest might grow despite current market volatility. Regulatory pressures on privacy coins could reshape their strategies moving forward.

Regulatory Scrutiny and Future Trends

Comparable historical events have shown similar privacy coin pressures, where centralized exchanges respond to regulatory actions. Speculations are rising around a potential Zcash ETF as a response to legal constraints as suggested by developer insights. Potential outcomes involve continued volatility and heightened regulatory discussions, possibly influencing technological developments within the Zcash community. Historical trends highlight past privacy coin support during regulatory challenges, positioning ZEC for future adaptation. Expert analysis remains cautiously optimistic.