LayerZero Price Falls 7%: Is ZRO Still Absorbing October’s Token Unlock?
Key Highlights: LayerZero unlocked approximately 23.63 million $ZRO (about 5.9% of circulating supply) on October 20, with another equivalent tranche scheduled for November 20. On-chain exchange inflows have not definitively traced the post-unlock drop to recipient dumping, pointing instead to market pricing of future supply overhang. Technical indicators reveal an Inner Circle Trader (ICT) bearish ...