ZRO Price Surges After Eight Days of Exchange Deposits
LayerZero (ZRO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that LayerZero (ZRO) is rallying following eight consecutive days of net token deposits to centralized exchanges. This pattern typically signals holders converting assets to liquidity rather than accumulating them. On-chain data tracked via the ZRO contract at 0x6985884c4392d348587b19cb9eaaf157f13271cd on Ethereum shows net CEX deposits driving the move.
How the market reacted
Whalio's own Binance spot order flow for ZRO, measured when this story was written up on 6 October 2026. Not the outlet's figures.
ZRO is trading at $2.17 with a 1-hour buy ratio of 38.3%, which is lower than the 45.9% seen over the past 4 hours and the 47.3% over 24 hours. The 1-hour volume delta is -$137,886, while the 4-hour delta is -$264,170, indicating that selling pressure is currently outweighing buying pressure in the short term. The 24-hour volume delta is -$1,467,351, with a cumulative volume delta (CVD) of -$2,058,350 at the close. The buy ratio represents the percentage of trades executed as buys, so a figure below 50% means more sellers are active than buyers. The volume delta measures the net value of buy volume minus sell volume, where negative numbers show that sellers are dominating the flow.
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 average buy ratio was 51.6%, making today's 24-hour ratio of 47.3% a drop of 4.3 points from the weekly norm. Volume was 1.12 times the average, indicating higher-than-normal trading activity. The coin saw net buying on 6 of the last 7 days, with a total positive volume delta of $2,888,281 over 8 days. This contrasts with today's negative delta, suggesting a shift from the previous week's accumulation trend. The price rose 38.9% over the 8-day period, but today's flow data shows a reversal from that broader buying trend.