The wallet address 0x11b3 recently received 1.69 million $ZRO tokens, valued at $6.46 million, from the @GSR_io wallet 0xd8d on the Arbitrum network.
This transaction follows a previous move where the same wallet used Binance as a bridge to convert 5 million $ZRO, approximately $13.99 million on the Ethereum network, to Arbitrum.
$ZRO – The Actions From #GSR Fund & The Circulation Between the #ETH and #ARB Chains🤔$ZRO in-depth analysis can be found here: https://t.co/0LZApTh0aF
The 0x11b3 wallet (https://t.co/1g2nvneByB) has received 1.69M $ZRO ($6.46M) from the @GSR_io 0xd8d wallet… pic.twitter.com/oQM41l2N7q
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 2, 2024
Currently, $ZRO holds a substantial portion of the 0x11b3 portfolio, totaling 6.7 million $ZRO worth $25.10 million on the Arbitrum chain, and 1.95 million $ZRO valued around $7.34 million on the ETH chain. The liquidity and activity of $ZRO on the Arbitrum network appear to be increasing, with platforms like iCrypto.ai showing more engagement with $ZRO on Arbitrum compared to Ethereum.
Further highlighting the activity, the @GSR_io wallet 0x11b withdrew 881,000 $ZRO, roughly $3.35 million, from OKX just five hours ago, bringing their total holdings to 9.53 million $ZRO, approximately $36.4 million.
5 hours ago, a wallet 0x11b (belongs to @GSR_io) withdrew 881k $ZRO (~$3.35M) from #OKX.
Just now, they have 9.53M $ZRO (~$36.4M) in their wallet.
Address:https://t.co/GVNFucb6cw pic.twitter.com/z3ayHQC45M
— The Data Nerd (@OnchainDataNerd) July 2, 2024
$ZRO Recorded A Surge In Popularity On Bitrue’s Futures Market SpaceÂ
In the realm of trading, $ZRO has experienced a surge in popularity on Bitrue’s futures market within just two weeks, boasting a remarkable 24-hour trading volume exceeding 100 million USDT. Notably, the token’s price has surged by 38% in the last 48 hours as June came to a close.
🔥 LayerZero $ZRO from @LayerZero_Labs is heating up at Bitrue!
📈 In just two weeks of #futures trading, $ZRO has skyrocketed in popularity, reaching a 24-hour trading volume of over 100,000,000 $USDT. Notably, its price surged by 38% in the last 48 hours at the very end of… pic.twitter.com/sQTvv1VAkJ
— Bitrue (@BitrueOfficial) July 2, 2024
These developments underscore $ZRO’s growing prominence and investor interest, particularly on the Arbitrum network, where significant transactions and trading activity are propelling its market presence forward.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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