A Zcash whale holding over $15 million in crypto assets, including 10,241 ZEC worth $11.69 million, accumulated approximately 3.69 million MASK tokens over a three-day period for about $151,000. According to Arkham data, a single wallet holds about 384.28 million MASK tokens, representing 39.36% of the total supply, worth nearly $16 million. Rug.Tools recorded approximately $1.22 million in liquidity against a market capitalization of $23.64 million, implying significant price slippage risk in the event of large sell orders. DeFiLlama reported roughly $58,000 in total value locked on October 20, a figure significantly lower than the protocol’s market capitalization. The whale’s MASK purchase is not evidence of a sustainable investment opportunity, and traders following its activity could face substantial losses if market sentiment reverses.
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