3.51M unlocked ZRO tokens moved to Binance, sparking sell-off concerns but no confirmed sale yet

An address linked to the LayerZero (ZRO) team or an early investor transferred 3.51 million unlocked ZRO tokens to Binance. These tokens had no vesting restrictions, making them freely tradable, which often signals potential selling pressure. However, depositing tokens to an exchange does not confirm a sale, and no data shows these tokens were sold after the transfer. Market watchers will monitor Binance's ZRO balance and trading volume for signs of selling or withdrawal, while awaiting official clarification from LayerZero Labs.