TechFlow reports that on June 5, Arthur Hayes (@CryptoHayes), co-founder of BitMEX and CIO of Maelstrom Fund, announced he has liquidated his entire $ZEC position following a vulnerability exploit targeting ZEC’s Orchard Pool. Hayes noted that although the likelihood of malicious minting is extremely low, it cannot be cryptographically proven to be impossible; privacy narratives demand “perfection,” not merely “probable security.” He added that if the underlying assumptions are later falsified, he does not rule out repurchasing $ZEC at a lower price. His team continues to hold a $WLD position and maintains a bullish stance.
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