$ZEC In this round, the main character is still that big whale, Garrett Bullish—currently holding 202,075 ZEC, worth about $290 million.

One address can move the entire ZEC narrative and order book, showing just how concentrated the chips are.

Many people focus on the long-versus-short battle around it, but at its core they’re betting against an opponent with extremely asymmetric information.

A single position of this scale is both the engine that kickstarts the market move and the biggest tail-end risk.