$ZEC
Wallet Distribution of ZEC
ZEC (Zcash) is the native token of the Zcash network — a privacy cryptocurrency using zk-SNARKs for anonymous transactions. As of December 2025, the circulating supply of ZEC is about 16.72 million tokens (maximum total supply — 21 million, with ~80% mined). ZEC distribution across wallets is moderately concentrated: large "whales" control a significant portion through exchange reserves and institutional holdings (for example, Grayscale Trust ~2.3% of supply), but the network has hundreds of thousands of small holders thanks to shielded pools (~20-29% of supply in private addresses, which complicates tracking). Data is based on analytics from CoinCarp, CoinLore, and BitInfoCharts, where the top 100 addresses control ~39% of supply.
Wallet Classification
For convenience, wallets are divided into categories by balance size (using classic crypto terminology):
• Large wallets (whales): Top 100 addresses with balances >100K ZEC each (often cold wallets of exchanges like Binance or Kraken, institutional ones like Grayscale).
• Medium wallets (sharks/mid-tier): Addresses with balances from 1K to ~100K ZEC (active traders, privacy enthusiasts).
• Small wallets (retail/shrimp): Wallets with balances <1K ZEC (regular users for private transactions). $ZEC
Wallet Distribution of ZEC
ZEC (Zcash) is the native token of the Zcash network — a privacy cryptocurrency using zk-SNARKs for anonymous transactions. As of December 2025, the circulating supply of ZEC is about 16.72 million tokens (maximum total supply — 21 million, with ~80% mined). ZEC distribution across wallets is moderately concentrated: large "whales" control a significant portion through exchange reserves and institutional holdings (for example, Grayscale Trust ~2.3% of supply), but the network has hundreds of thousands of small holders thanks to shielded pools (~20-29% of supply in private addresses, which complicates tracking). Data is based on analytics from CoinCarp, CoinLore, and BitInfoCharts, where the top 100 addresses control ~39% of supply.
Wallet Classification
For convenience, wallets are divided into categories by balance size (using classic crypto terminology):
• Large wallets (whales): Top 100 addresses with balances >100K ZEC each (often cold wallets of exchanges like Binance or Kraken, institutional ones like Grayscale).
• Medium wallets (sharks/mid-tier): Addresses with balances from 1K to ~100K ZEC (active traders, privacy enthusiasts).
• Small wallets (retail/shrimp): Wallets with balances <1K ZEC (regular users for private transactions). $ZEC
