Caveats: - Hard evidence of “OGs rotating” is scarce. On‑ch…

Caveats:
- Hard evidence of “OGs rotating” is scarce. On‑chain data won’t easily prove identity, and privacy coin inflows aren’t cleanly traceable. The pattern may be regime‑dependent rather than structural.
- Zcash privacy is opt‑in. If users stick to transparent addresses, you don’t get meaningful privacy. Adoption of the shielded pool matters.
- Regulatory/delisting risk and thin liquidity can whipsaw prices. Outperformance can vanish fast.