A Hacker Swapped $3.7 Million of Ethereum Into Zcash on Hyperliquid. Is Privacy Demand Holding ZEC Above $1,200?

A Hacker Swapped $3.7 Million of Ethereum Into Zcash on Hyperliquid. Is Privacy Demand Holding ZEC Above $1,200?

A wallet fresh out of Tornado Cash just poured millions into Zcash on Hyperliquid, and the coin barely flinched while Bitcoin and Ethereum bled. Before you call it a privacy bull signal, look at what the trade actually hides.

ZEC Price Eyes Recovery As Hacker Swaps $3.73M In ETH For ZEC

Zcash is attracting attention after a Tornado Cash-linked wallet converted $3.73 million in ETH into 2,959 ZEC through Hyperliquid. Meanwhile, analyst BitGuru identifies $1,000 as a critical buying zone, with $1,500–$1,650 as potential recovery targets if buyers maintain support.

Hacker Liquidates 1,670 ETH to Acquire ZEC

A hacker sold 1,670 ETH worth $3.73M to buy ZEC, reflecting market volatility. Here's why this matters for traders.