Arthur Hayes Dumps ZEC Holdings Over Orchard Pool Exploit, Eyes Rebuy Lower
Arthur Hayes sold his entire Zcash (ZEC) position following the Orchard Pool exploit, stating that privacy must be proven, not merely probable. He remains open to buying back at lower levels and continues to hold Worldcoin (WLD), expecting a pump from Elon Musk.
Arthur Hayes has liquidated his full Zcash (ZEC) holdings in response to the Orchard Pool exploit, according to a social media post. He commented that privacy in crypto must be 'proven, not just probable,' but indicated a willingness to re-enter at lower prices.
Hayes added that he still holds Worldcoin (WLD) and expressed optimism that Elon Musk's involvement could drive the token higher. No specific price targets or timing were provided.
The Orchard Pool exploit raised security concerns around Zcash's privacy features, though the protocol remains operational.
Source: Cointelegraph