Inside LayerZero [ $ZRO ] unlock countdown – What THIS spike means for holders
LayerZero [ZRO] fell about 7% over the last 24 hours, trading near $1.67 at press time.
The pullback arrived as Token Terminal data showed a sharp expansion in Transfer volume.
When transfer activity spikes into weakness, it can reflect faster supply rotation and distribution.
Transfer flows turned noisy
Token Terminal placed LayerZero’s Transfer volume at $164.9 billion on a 3-year rolling basis.
The chart also showed heavier spikes since late 2025, versus earlier periods.
That mattered because higher transfer throughput often appears when holders reposition into volatility. Even so, transfer volume alone cannot confirm selling without exchange-flow data.
That shift set up a clearer technical test on the daily chart.
What happens next?
LayerZero [ZRO] is under pressure. Transfer volume has surged. The structure broke below a key moving average, and the ROI shrank sharply.
The $1.6 demand zone now carries heavy responsibility.
If buyers absorb supply near that level, a short-term bounce could emerge. If not, bearish momentum may extend beyond the current range.
For now, the edge belongs to sellers. The next reaction will define whether demand still has strength left.