The phenomenon of Kabuto King explained: - anonymous TCG collector who appears out of nowhere in August 2025 - opens an account on X with one mission - collect every 1st edition Kabuto in existence September 2025 - hits 1,042 copies by mid September - the card is common, printed in huge volumes but he keeps draining supply November 2025 - posts on November 26 go viral with 11.5M views - prices for 1st edition Kabuto pump from $2–5 to over $10 for the first time - ungraded cards listed at $20+ appear on eBay because he keeps removing supply - graded copies also pump: PSA 10 1st editions move from ~$110 to ~$139 - August to November price growth hits +267% The Kabuto Movement (?) - thousands start sharing old Kabuto cards they find in drawers - TCG collectors argue it is pure hobby passion - crypto users compare it to NFT whale concentration But is this bullish for NFTs? - one person holding hundreds of copies creates artificial scarcity - the situation is similar to early NFT collections where whales held 20–40% of supply today the Kabutp King holds 1,748+ Kabuto cards Is this a real case to compare with the old NFT days?