Zcash (ZEC) surges 20% after Arthur Hayes sets a bold $1000 price target, extending its 1000% rally in just one month.
Zcash (ZEC) has seen a sharp rise of over 20% in one day. This price increase follows a bold price prediction made by Arthur Hayes, the co-founder of BitMEX.
Hayes’ forecast that Zcash could reach $1000 has sparked major interest among traders. This move is part of a larger rally for the privacy-focused coin, which has risen by more than 1000% in the last month.
Arthur Hayes’ Bold Prediction Stirs Market Activity
Arthur Hayes’ prediction of Zcash reaching $1000 has caught the attention of many in the crypto community.
Hayes, known for his market insight, also maintains a long-term target of $10,000 for ZEC. His short-term target has intensified buying interest, contributing to the coin’s 20% surge.
Choo Choo bitches.
Next stop $ZEC = $1k.
I hope all my haters keep shorting. pic.twitter.com/jjmnJgl00H
— Arthur Hayes (@CryptoHayes) November 6, 2025
Following Hayes’ tweet on November 6, ZEC saw a sharp increase in trading volume. Many investors were encouraged by his optimism and moved to accumulate ZEC. Hayes even took to social media, urging those who doubted his prediction to keep shorting the coin.
This kind of bold forecasting has led to higher liquidity in the market. As more people buy into ZEC, its price is further supported. This momentum is expected to continue, especially with Hayes’ backing.
Record-Breaking Price Surge for Zcash
Zcash has experienced an extraordinary rise, with its value increasing by over 1000% in just a month.
Despite the overall market downturn, ZEC remains one of the best-performing cryptocurrencies. This strong growth has captured the attention of both retail investors and larger institutions.
The launch of Grayscale’s Zcash Trust for accredited investors also boosted confidence. Additionally, the ZEC listing with leverage options on Hyperliquid drew more interest from traders. These factors have helped fuel Zcash’s remarkable price rally.
Investors are particularly drawn to ZEC due to its privacy features and strong community backing. As a result, its price has continued to climb, even as other assets face downward pressure. This indicates that Zcash could remain a strong performer in the coming months.
Whale Activity Drives Zcash Price Higher
Whale activity has played a key role in pushing Zcash’s price higher. A new wallet, recently created, placed a large bet on ZEC and is already showing significant gains. According to Lookonchain, the wallet is currently up by $2.7 million.
Someone created a new wallet (0x96ea) 3 days ago and FOMOed long on $ZEC — now sitting on $2.7M in unrealized profit.
Position: 32,000 $ZEC($16.3M).
Liquidation price: $373.13https://t.co/W0anYjkwVb pic.twitter.com/d0HE4CgvcJ— Lookonchain (@lookonchain) November 6, 2025
This large accumulation of ZEC is part of a broader trend of whales investing in the privacy coin. These investors help increase the overall volume of ZEC transactions, supporting its price. The surge in trading volume indicates growing interest from both small traders and larger investors.
Moreover, the open interest for ZEC contracts across major exchanges has climbed significantly. This rise shows that the demand for Zcash remains strong. As more whales and investors enter the market, Zcash’s price could see further upward pressure.
Zcash’s rally shows no signs of slowing down. With the backing of influential figures like Arthur Hayes, and increased whale interest, its future looks promising. The continued growth of ZEC suggests that the coin may continue to outperform in the market.
The post Crypto News: Zcash (ZEC) Surges 20% After Arthur Hayes Sets Bold Price Target appeared first on Live Bitcoin News.