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LayerZero (ZRO) price drops 14.5% after large token inflows to exchanges trigger sell pressure

Technical Signals
13 Oct 2026
Coincu
View Source
Bearish
LayerZero (ZRO) price drops 14.5% after large token inflows to exchanges trigger sell pressure

LayerZero (ZRO) price fell 14.5% to $2.08 on October 13, 2026, following two days of heavy token deposits totaling 2.56 million ZRO into centralized exchanges. On-chain data revealed that 80.9% of ZRO's transfer volume was wash trading, with most tokens controlled by large holders and market makers, making the price highly sensitive to their exchange activity. The recent inflows increased sell-side liquidity, causing the price drop. Monitoring whether large holders continue withdrawing tokens from exchanges will be key to assessing if the price stabilizes or faces further pressure.

LayerZero (ZRO) trades at Rp37,500 on Pluang, down 12.89% as of October 13, 2026, 17:21 WIB, with a market cap of Rp14.82 trillion. The platform shows a strong sell sentiment with 64% of order activity on the sell side and a typical hold time of 13 days. This trading behavior aligns with the recent price drop driven by large token deposits into exchanges and high wash trading activity noted in the news.

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