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18 Wallets Scoop Up $79.7M in LayerZero $ZRO

Published by
Sohrab Khawas

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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