Earlier today, an address linked to the suspected $PORTAL market maker withdrew a substantial $2.6 million worth of ZRO tokens from Binance.
This withdrawal now makes ZRO the address’s second-largest holding, valued at $4.03 million, trailing behind AVAX, which holds the top spot at $13.42 million.
Interestingly, this address had not engaged in any ZRO transactions for over a month, making the recent move even more noteworthy. Over the past month, ZRO has seen a significant price increase of nearly 30%, currently trading at $4.28.
Adding to the intrigue, in the last 24 hours, market maker GSR deposited 1.5 million ZRO tokens, valued at approximately $6.465 million, into OKX. Despite this large deposit, GSR still retains 3.29 million ZRO tokens, worth around $14.2 million, in their wallet.
These transactions suggest increasing activity and interest around ZRO, likely fueled by its recent price rally and potential future gains in the market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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