ZRO Jumps 11.5% to $2.19 Ahead of 23.63M Token Unlock on October 20
- —ZRO gained 11.5% intraday to $2.19, with spot volume up 45%
- —23.63M ZRO unlocks on October 20: 10.63M for core contributors, 13M for strategic partners
- —Net spot outflow from exchanges over 24 hours was $1.03 million
- —LayerZero protocol fees rose from $147K to $301K over 30 days
Why it matters: The October 20 unlock of 23.63M ZRO could add sell pressure, though an unlock does not automatically translate into immediate token sales.
Source: TokenPost