{"id":258270,"date":"2026-05-28T19:32:00","date_gmt":"2026-05-28T23:32:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/28\/zcash-whale-turns-15-85m-zec-investment-into-126m-amid-privacy-coin-rally\/"},"modified":"2026-05-28T19:45:10","modified_gmt":"2026-05-28T23:45:10","slug":"zcash-whale-turns-15-85m-zec-investment-into-126m-amid-privacy-coin-rally","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/28\/zcash-whale-turns-15-85m-zec-investment-into-126m-amid-privacy-coin-rally\/","title":{"rendered":"Zcash Whale Turns $15.85M ZEC Investment into $126M Amid Privacy Coin Rally"},"content":{"rendered":"

Zcash Whale Turns $15.85M ZEC Investment into $126M Amid Privacy Coin Rally<\/a><\/p>\n

https:\/\/www.kucoin.com\/news\/flash\/zcash-whale-turns-15-85m-zec-investment-into-126m-amid-privacy-coin-rally<\/a><\/p>\n

Publish Date: 2026-05-28 19:32:00<\/a><\/p>\n

Source Domain: www.kucoin.com<\/a><\/p>\n

Blockchain analytics firm Arkham has tracked a Zcash (ZEC) whale who turned $15.85 million into $126 million. The position survived a 50% drawdown before 2026\u2019s privacy coin rally.<\/strong><\/p>\n

The wallet has realized roughly $22.61 million in profits while still holding 230,100 ZEC. Arkham revealed the trade on May 28, sparking speculation about the buyer\u2019s identity.<\/p>\n

A Conviction Bet on a Quiet Asset<\/h2>\n<\/p>\n

The whale acquired 265,018 ZEC for $15.85 million on December 30, 2024. ZEC traded near $60 at the time and drew limited investor attention. ZEC currently trades at $548.78, down 0.82% over 24 hours. <\/p>\n

Zcash (ZEC) Price Performance. Source: TradingView<\/p>\n

The position then dropped more than 50% during 2025. The drawdown briefly erased about $8.6 million in paper value before the recovery began.<\/p>\n

\u201cHe made over $150M in a year. How? ZEC,\u201d Arkham noted. <\/p>\n

Partial profit-taking started in January 2025 and ran through late November. Eight sales totaled 54,718 ZEC for $22.61 million combined.<\/p>\n

The remaining 230,100 ZEC are worth roughly $126 million today. The trade fits a broader pattern of Zcash whale buying activity tracked through 2025.<\/p>\n

Privacy Coin Resurgence Fuels the Win<\/h2>\n<\/p>\n

The trade rode Zcash\u2019s 2026 surge, driven by renewed interest in privacy assets. Grayscale filed for a spot Zcash ETF earlier this month. The catalyst pushed ZEC to a recent peak above $700.<\/p>\n

Speculation is that the wallet belongs to Helius Labs co-founder Mert Mumtaz, a long-standing Zcash advocate and public champion of the network. <\/p>\n

Mumtaz has not addressed the speculation directly.<\/p>\n

\u201cHe didn\u2019t actually sell ZEC because he was just longing on hl checkmate,\u201d Mert chimed. <\/p>\n

Arkham has not confirmed the identity, and the attribution remains unverified.<\/p>\n

Whether the wallet reaches a nine-figure realized total may depend on ZEC holding its current gains. <\/p>\n

The Grayscale decision and continuing shielded supply growth will shape the next phase for the privacy network.<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Zcash Whale Turns $15.85M ZEC Investment into $126M Amid Privacy Coin Rally https:\/\/www.kucoin.com\/news\/flash\/zcash-whale-turns-15-85m-zec-investment-into-126m-amid-privacy-coin-rally Publish Date:…<\/p>\n","protected":false},"author":1,"featured_media":258271,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/assets.staticimg.com\/cms\/media\/7feiEEHmJE61RECXMyp8rTcA5Qcsl0zSv6rz9NVjg.png","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-258270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privacy"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258270"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=258270"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258270\/revisions"}],"predecessor-version":[{"id":258272,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258270\/revisions\/258272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/258271"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=258270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=258270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=258270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}