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.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: gsign76/123RF // Image Effects by Colorcinch
Cryptocurrencies have been making waves in 2024, with new projects constantly grabbing headlines and shaking…
It is sometimes the case that branch assets that stem from established cryptos see success…
As the cryptocurrency ecosphere faces high volatility, three crypto coins XRP, INTL, and Worldcoin (WLD)…
Ripple (XRP) has experienced a significant rise this year, surprising many who had started to…
Have you ever thought of which cryptocurrency presales could transform your little investment into a…
Are you watching the crypto market? It's buzzing with excitement as crypto whales—big investors with…