LayerZero Strategic Partner Wallet Conducts Unlock Distribution of 1.21 Million ZRO to 52 Addresses

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On April 20th, Ember Group monitoring shows that a wallet linked to LayerZero’s “strategic partner” distributed unlocked ZRO tokens to 52 addresses half an hour ago. Total distribution: 1.21 million ZRO (~$1.97 million). The largest single transaction—855,000 ZRO (~$1.42 million)—was sent to Binance. Notably, LayerZero, the cross-chain bridge exploited by hackers in yesterday’s rsETH incident, saw its ZRO token drop 18% yesterday.

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