We spent half the day discussing this with a friend: Cypherpunk mined 5,944 ZEC in September, bringing its holdings to 1.96% of the network’s total supply.
Developments like this won’t change the landscape right away, but they’re a useful clue.
I make a note of news like this and look back on it after some time has passed. It’s very rewarding.
$ZEC is currently trading at 1,154.73.