Arthur Hayes: Zcash has become one of my largest positions outside of Bitcoin.

Techub News, according to NewsBTC, Arthur Hayes revealed that Zcash has become one of his largest holdings besides Bitcoin, and stated that as artificial intelligence and government agencies' ability to analyze public blockchain data increases, the market demand for financial privacy will rise. This privacy coin uses zk-SNARKs technology to achieve transaction privacy protection. According to a report by The Wall Street Journal, some early Bitcoin holders, concerned about Bitcoin's excessive institutionalization and traceability, are turning their attention to such privacy alternatives. Data shows that ZEC has risen over 30% this month, significantly outperforming Bitcoin.