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ZachXBT Teases Major Crypto Exposé Ahead of Feb. 26 — How Is Smart Money Positioned?

BeInCrypto
On-chain investigator ZachXBT announced a major crypto exposé for February 26, causing speculation and price dips for tokens like PUMP.

Summary

On-chain investigator ZachXBT announced via X that a major exposé targeting a "profitable business" involving insider trading by employees would drop on February 26. This announcement immediately impacted the market, causing the price of Pump.fun's PUMP token to slip as holders offloaded assets. Speculation regarding the target is high, with betting activity surging on Polymarket. Currently, Meteora (MET) is the most predicted target (48% of wagers), followed by Axiom and MEXC, though initial focus was on Pump.fun. Data from Nansen shows that smart money wallets significantly reduced their PUMP holdings by 35% in 24 hours, indicating risk management. Conversely, large holders of MET have increased their balances by 22.49%, suggesting confidence in that project despite its price dropping 14.8%. Both PUMP and MET prices are showing bearish indicators, and volatility is expected to continue until the report is released.

(Source:BeInCrypto)