ZCash (ZEC) experienced a 14% decline in the past 24 hours, yet market indicators point to a potential rally towards $1,000. The cryptocurrency's 24-hour trading volume surged by 138% to $4.61 billion, reflecting increased market activity. Rising miner profitability and an increased hash rate are contributing to the optimistic outlook. Spot investors have resumed accumulation following a week of selling, with notable figures like Arthur Hayes expressing confidence in ZCash. Hayes disclosed that his family office, Maelstrom, has made ZEC its second-largest liquid position after Bitcoin, underscoring the growing bullish sentiment among major holders.