ZachXBT teases major crypto exposé as markets weigh likely targets

On-chain investigator ZachXBT posted on X that a major exposé is due February 26, warning it will target a “profitable business” where employees allegedly abused internal data to insider trade. The brief announcement did not name a subject and quickly spurred speculation across social platforms.

Polymarket activity surged, with more than $4.6 million wagered on potential targets. Meteora attracted the most attention, drawing over 48% of bets, while Axiom and MEXC accounted for about 13.1% and 11% respectively. Pump.fun received roughly 10% of bets, though early chatter had focused heavily on that project and appears to have prompted short-term selling by some holders.

On-chain analytics show smart money reduced exposure to PUMP, cutting combined holdings by 35% to 706.5 million PUMP. By contrast, whale addresses holding over $1 million of MET increased balances by 22.49%, indicating larger investors have been accumulating Meteora amid the uncertainty.

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