Crypto News

LayerZero Surges by 45% as Smart Wallets Hold Strong Positions

LayerZero ($ZRO) has seen a remarkable 45% increase over the past two days, driven by savvy investors who caught the dip on June 29.

The team has identified two smart wallets on different chains that hold significant positions in $ZRO and have not sold yet.

On the Ethereum chain, Wallet 0x96bf purchased $53.2K worth of $ZRO at $3.07. Currently, this investment is up by $6.1K (+11.6%), and the wallet has maintained its position. With a win rate of 45%, this wallet has previously made successful trades in $TOAD (x5), $RCH (x2), and $JESUS (x2).

LayerZero $ZRO Attracts Massive Attention With Strategic Accumulations By Whales

On the Arbitrum chain, $ZRO is attracting the attention of Smart DEX Traders. Wallet 0x34a17 bought $340.1K worth of $ZRO at $2.77, and this position is now up by $81.8K (+24%). This wallet has an impressive win rate of 75%, having profited from trades in $PENDLE (x2), $TAO, and $PNP.

The recent surge in LayerZero’s value underscores the growing interest and strategic investments in $ZRO. With smart wallets holding strong positions and achieving notable returns, $ZRO’s momentum appears to be driven by confidence in its potential. As the crypto market continues to evolve, LayerZero’s performance highlights the importance of timely investments and strategic holding by experienced traders.

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 @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: musgraphicalabri/123RF // Image Effects by Colorcinch

Leave a Comment

Your email address will not be published. Required fields are marked *