The post 18 Wallets Scoop Up $79.7M in LayerZero $ZRO appeared first on Coinpedia Fintech News
Eighteen large wallets have secretly accumulated roughly $79.7 million worth of LayerZero’s ZRO token, representing a significant share of its circulating supply. According to blockchain analytics from Nansen, the buys happened in two major waves and were entirely funded through institutional channels like Coinbase Prime, with no recorded sell activity, signaling strong holding sentiment. This buildup started a few weeks after LayerZero announced its new Zero Layer‑1 network, and comes just before a scheduled token unlock event, suggesting confidence in long‑term prospects.
More Stories
ECB Says Stablecoins Need Central Bank Backing to Scale
Altcoins To Watch Ahead Q1 Close: SEI, ARB, AAVE, INJ & FIL Poised for a Breakout
Binance Ends Margin Trading for XRP/BNB Pair and 13 Others by March 27