Earlier today, an address linked to the suspected $PORTAL market maker withdrew a substantial $2.6 million worth of ZRO tokens from Binance.

This withdrawal now makes ZRO the address’s second-largest holding, valued at $4.03 million, trailing behind AVAX, which holds the top spot at $13.42 million.

三小时前,疑似 $PORTAL 做市商地址从 #Binance 提出价值 260 万美金的 ZRO,使其成为该地址持仓排名第二的资产(403 万美金),TOP1 为 AVAX(1342 万美金)

在此之前,该地址已经有一个多月的时间没有过 $ZRO 交互;ZRO 过去一个月内已上涨近 30%,现价 $4.28📈

钱包地址 https://t.co/3mprJyZM03 pic.twitter.com/x6mfVDANbI

— Ai 姨 (@ai_9684xtpa) October 8, 2024

Interestingly, this address had not engaged in any ZRO transactions for over a month, making the recent move even more noteworthy. Over the past month, ZRO has seen a significant price increase of nearly 30%, currently trading at $4.28.

This Market Maker Deposits 1.5 Million ZRO To OKX

Adding to the intrigue, in the last 24 hours, market maker GSR deposited 1.5 million ZRO tokens, valued at approximately $6.465 million, into OKX. Despite this large deposit, GSR still retains 3.29 million ZRO tokens, worth around $14.2 million, in their wallet.

40 minutes ago, #GSR just deposited 1.5M $ZRO (~$6.465M) to #OKX.

Just now, he still has 3.29M $ZRO (~$14.2M) in his wallet.

Address:https://t.co/GVNFucb6cw pic.twitter.com/bSUg5Rw648

— The Data Nerd (@OnchainDataNerd) October 8, 2024

These transactions suggest increasing activity and interest around ZRO, likely fueled by its recent price rally and potential future gains in the market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Market Movements: $PORTAL Market Maker Withdraws $2.6M In ZRO From Binance Amidst Price Surge appeared first on The Merkle News.