Theres been a large accumulation of $47.5M of $ZRO across 9 wallets in the past several days thats going unnoticed. ~24.5M tokens. 2.6% of circulating supply. Average entry: $1.94. Not a single sell across any wallet. Here's what we found 👇
2/ Every wallet funded by one source: Coinbase Prime. 4 wallets received a 1 $ZRO test transaction before the main transfer. 8 wallets funded within 4 hours on March 9. $35.8M moved in a single afternoon. All 9 wallets hold only $ZRO. Nothing else. This isn't retail. Large-scale institutional positioning ahead of March 20 unlock ($55M), indicating conviction despite known sell pressure
3/ The full picture: Feb 11 - @LayerZero_Core announces "Zero" - their own L1 chain Start of Mar - Accumulation begins quietly on Coinbase Nearly a week later - $35.8M withdrawn in 4 hours across 8 wallets The accumulation started exactly 3 weeks after the Zero chain announcement.
LayerZero
LayerZeroFeb 11, 2026
Zero introduces four 100x breakthroughs across storage (QMDB), compute (FAFO), networking (SVID), and zk proving (Jolt Pro). It lives up to everything we stand for: - Decentralized - Permissionless - Censorship-resistant
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