Hayes + Naval = ZEC Moon: $137M Grayscale Inflow, $10K Prophecy

Arthur Hayes starts a 971 percent rally with a "semi-quantum" Zcash wager, bringing ZEC to $10K.

Predicting a $10,000 price tag and describing it as Bitcoin's privacy rival, Arthur Hayes has supercharged Zcash (ZEC) and caused a 30% intraday rise and 971.1% yearly gain. Having a market value of $6.22 billion, Monero has been passed over by ZEC, which is trading at $409 and has jumped 225.9% in 30 days and 41.3% in the last week, supported by Naval Ravikant as "insurance against Bitcoin" and the ECC's Q4 roadmap accelerating privacy with ephemeral addresses, Zashi CrossPay (live on Solana/Ethereum), and 7x shielded transactions; 30% of supply now is held in privacy pools.

Whales Divide: $137 million grayscale inflow against $1.4 million short amid birthday dip

In October, institutional demand explodes—Grayscale Zcash Trust AUM increased 228% to $137 million. But whales send mixed signals: a major player (0xC385) started a 2x leveraged $1.41 million short at $436; others dumped 8.5% on Zcash's ninth birthday (Oct 28). The November halving, GENIUS Act surveillance concerns, EU AMLR, and spot ETF rumors all offer bullish tailwinds; yet short-term volatility looms as privacy coins face regulatory heat and profit-taking

ZECUSD gained more than 900% in the past two months. The pair holds above the short-term (34 and 55 EMA) and the  long-term moving average in the 4-hour chart. It hit an fresh all-time high of $481.23 and is currently trading around $479.58.

The bullish invalidation can happen if the pair closes below $200. On the lower side, the near-term support is $370.Any close below targets $310/$268/$200.

 The pair's near-term resistance is around $501. Any breach above confirms minor bullishness. A jump to $600/$650 is possible. A surge past $700 will take it to $1000.

It is good to buy on dips around $400 with SL around $310 for TP of $600/$650.