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Arthur Hayes selling all his Zcash after the Orchard shielded pool flaw is a serious confidence hit. Privacy coins depend on one thing more than hype: trust in the cryptography. If a flaw could allow undetectable counterfeit minting, the market will not treat it like a small bug. It attacks the deepest layer of the asset. That is why this matters. A privacy coin can survive volatility. It cannot easily survive doubt around supply integrity. For me, this is the kind of news where traders should respect the risk before chasing any bounce. $ZEC #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint