{"id":91978,"date":"2025-12-09T13:38:59","date_gmt":"2025-12-09T10:38:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91978"},"modified":"2025-12-10T12:11:57","modified_gmt":"2025-12-10T09:11:57","slug":"arkham-unveils-over-half-of-zcash-transactions","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/arkham-unveils-over-half-of-zcash-transactions\/","title":{"rendered":"Arkham Claims to Have De-Anonymized Over 50% of Zcash Transactions"},"content":{"rendered":"<p>The analytical platform Arkham Intelligence has implemented tracking of on-chain activity in the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-privacy-coins\">privacy-focused cryptocurrency<\/a> Zcash (<a href=\"https:\/\/forklog.com\/en\/news\/what-is-zcash-zec\">ZEC<\/a>). <\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">ZCASH IS LIVE ON ARKHAM<\/p>\n<p>Arkham has now labeled more than half of the privacy chain Zcash\u2019s shielded and unshielded transactions. This accounts for $420B of volume tagged to known individuals and institutions.<\/p>\n<p>Track <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> transactions, entities and balances on Arkham. Here\u2019s what\u2026 <a href=\"https:\/\/t.co\/TOVJtr7kbl\">pic.twitter.com\/TOVJtr7kbl<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1998122628390048174?ref_src=twsrc%5Etfw\">December 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the statement, the service has already linked more than 53% of all transactions\u2014both open and private\u2014to known individuals and organizations. Over 48% of inputs and outputs have been associated with some entity.<\/p>\n<p>The total value of tagged operations has exceeded $420 billion.<\/p>\n<p>Data from the analytical platform indicates that one of the largest holders of the privacy-focused coin is the U.S. government. In 2018, authorities confiscated ZEC worth approximately $737,000 from AlphaBay darknet market founder Alexandre Cazes. Over the years, the value of these assets has roughly doubled.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"515\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174-1024x515.jpeg\" alt=\"image\" class=\"wp-image-271401\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174-1024x515.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174-300x151.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174-768x386.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174-1536x773.jpeg 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-ad2b83744d5f6517-490735579879174.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Arkham.<\/figcaption><\/figure>\n<p>Zcash creator Zooko Wilcox partially refuted Arkham analysts&#8217; claims. According to the programmer, the platform did not deanonymize \u201cany ZEC\u201d held in shielded pools.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">This is cool.<\/p>\n<p>(No, Arkham didn&#8217;t actually deanonymize any ZEC that was held at rest in the shielded pool. That would be impossible because the information just isn&#8217;t there. They&#8217;re just tracking wallets that opted into public transparency.)<\/p>\n<p>But the resulting data is cool. <a href=\"https:\/\/t.co\/gvCDwzamYM\">https:\/\/t.co\/gvCDwzamYM<\/a><\/p>\n<p>\u2014 zooko\ud83d\udee1\ud83e\udd93\ud83e\udd93\ud83e\udd93 \u24e9 (@zooko) <a href=\"https:\/\/twitter.com\/zooko\/status\/1998136609628459304?ref_src=twsrc%5Etfw\">December 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThat would be impossible because the information just isn&#8217;t there. They&#8217;re just tracking wallets that opted into public transparency. But the resulting data is cool,\u201d Wilcox added.<\/p>\n<\/blockquote>\n<p>In 2025, Zcash led a rally among privacy cryptocurrencies. Since October, the coin&#8217;s prices <a href=\"https:\/\/forklog.com\/en\/news\/analysts-warn-zcash-could-plunge-after-a-1500-surge\">soared by 1500%<\/a>, peaking in November at over $720. The asset&#8217;s market capitalization surpassed $11 billion, <a href=\"https:\/\/forklog.com\/en\/news\/zcash-overtakes-monero-by-market-capitalisation\">overtaking<\/a> the long-standing sector leader <a href=\"https:\/\/forklog.com\/en\/news\/what-is-monero-xmr\">Monero<\/a> (XMR).<\/p>\n<p>By December, the ZEC rate had significantly declined. A crypto enthusiast known as Crypto Bitlord <a href=\"https:\/\/forklog.com\/en\/news\/crypto-pundit-brands-zcash-rally-the-most-successful-scam-in-crypto-history\">described<\/a> the recent price surge as \u201cthe most successful <a href=\"https:\/\/forklog.com\/en\/news\/what-is-pump-and-dump\">Pump &#038; Dump<\/a> in cryptocurrency history.\u201d<\/p>\n<p>Arkham analysts noted that one trader acquired ZEC worth $4.49 million during the <a href=\"https:\/\/forklog.com\/en\/news\/black-saturday-11-october-what-happened\">October market crash<\/a>. Five and a half weeks later, he transferred the coins to the Gemini exchange. If sold at that time, his net profit could have been $6.6 million\u2014exceeding the initial investment.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Track Top Zcash Traders<\/p>\n<p>This trader acquired $4.49M of Zcash during the 10th October market crash, then waited 5 and a half weeks before sending the coins to Gemini.<\/p>\n<p>If he sold the coins when he deposited them, he netted a profit of $6.6M \u2014 more than his entire principal\u2026 <a href=\"https:\/\/t.co\/qOcjqiC70N\">pic.twitter.com\/qOcjqiC70N<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1998122635742363822?ref_src=twsrc%5Etfw\">December 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The impressive dynamics of ZEC <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-maximalists-clash-with-zcash-advocates-amid-price-surge\">sparked<\/a> a confrontation within the community between Bitcoin maximalists and proponents of privacy cryptocurrencies.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The analytical platform Arkham Intelligence has implemented tracking of on-chain activity in the privacy-focused cryptocurrency Zcash (ZEC).<\/p>\n","protected":false},"author":1,"featured_media":91979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Arkham Intelligence tracks over half of Zcash transactions, linking them to known entities.","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1536,1268,1256,202],"class_list":["post-91978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arkham","tag-on-chain-analysis","tag-privacy-and-personal-data","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"289","promo_type":"1","layout_type":"1","short_excerpt":"Arkham Intelligence tracks over half of Zcash transactions, linking them to known entities.","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91978"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91978\/revisions"}],"predecessor-version":[{"id":92018,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91978\/revisions\/92018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91979"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}