LayerZero Partner Transfers 8M ZRO to Coinbase Prime
LayerZero (ZRO)
Editor:
Eugene Serbin
lookonchain.com reports that addresses linked to LayerZero’s strategic partner moved 8 million ZRO tokens to Coinbase Prime. This transfer occurred six hours ago and is valued at $14.98 million. The movement follows a transaction one year ago where two addresses received 40.57 million ZRO tokens worth $73.02 million from the partner's multi-signature wallet.
In broader market news, Forbes notes that the narrative of Bitcoin as a depreciation hedge is heating up. Donald Trump stated that a moderate level of inflation can quickly reduce $40 trillion in debt. Meanwhile, conditions for a Q4 short squeeze in U.S. stocks are gradually taking shape.
This includes a massive unwinding of CTA positions and $1.3 trillion in share buybacks poised to launch. In the meme coin sector, PONS dropped nearly 57% from its peak in the Robinhood ecosystem. A whale shorted PONS and logged an unrealized profit of approximately $2.12 million.
Glassnode data shows Bitcoin investors who bought at high levels are selling, with daily sell volumes from the 2025 rally at their highest. Other activity includes a $PEPE whale transferring 2.1T tokens worth $52M after 600 days of dormancy. Elon Musk's tweet about Moltbook caused meme coin MOLT to surge 30% to a new all-time high of $114 million.
A smart AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin, and $arc. A sniper earned 2,277 $ETH worth $8.3M trading $SHIRO within 18 hours. A 30-year-old entrepreneur is behind Virtual, a multi-million dollar AI agent society.
One trader lost $73.9K trading memecoins in just 3 minutes. The report also explains how $SPORE works through on-chain records.
How the market reacted
Whalio's own Binance spot order flow for ZRO, measured when this story was written up on 3 October 2026. Not the outlet's figures.
ZRO is trading at $1.75 with a 1-hour buy ratio of 61.7%, indicating strong immediate buying pressure. This contrasts with the 4-hour buy ratio of 54.3% and the 24-hour ratio of 48.2%, showing that buying interest has intensified in the short term. The 1-hour volume delta is positive at $629,910, while the 4-hour delta is $682,112, suggesting recent inflows. However, the 24-hour volume delta is negative at -$964,660, indicating that net selling has outweighed buying over the full day. The cumulative volume delta closed at +$455,951, with net buying occurring in 15 of the last 24 hours. Spot volume reached $28,453,481 across 230,240 trades.
The latest daily buy ratio of 49.7% sits at the 64th percentile of the last 322 days, against a median of 48.5% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ZRO, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 51.5%, which is 3.3 percentage points higher than the latest day's reading. Volume was 1.75 times the average, marking an unusual level of activity compared to normal trading days. The price increased by 7.6% over the eight-day period, with a total volume delta of +$3,132,648. Net buying occurred on 6 of the 7 days in the preceding week. This recent 24-hour period shows a divergence from the weekly average, with lower buy ratios but significantly higher volume than usual.