Amid a Zcash price surge past $750, Arkham has identified over half of Zcash transfers, linking them to known entities and challenging its privacy claims.
Arkham’s monitoring of Zcash now covers 53% of transactions, tying $420 billion in volume to identifiable individuals and institutions. This update coincides with Zcash’s price surpassing $750 following major Bitcoin confiscation news, potentially diminishing the cryptocurrency’s privacy narrative.