Markets· ★★★· bearish·

LayerZero partner-linked addresses move 8M ZRO to Coinbase Prime

  • —Two addresses received 40.57M ZRO (~$73.02M) from a LayerZero partner multisig a year ago
  • —They moved 8M ZRO (~$14.98M) to Coinbase Prime six hours ago
  • —The transfer was flagged by on-chain analyst Ember
Why it matters: A large transfer to exchange custody may signal preparation to sell, adding pressure on ZRO's price.
Source: PANews