Unlock Radar #1 — $ZRO
In about 37 hours, ~23 million ZRO are released from vesting.
Tomorrow 18:00 WIB: ~23.3M ZRO (~$41M) goes to core contributors and strategic partners (Binance News / DeFiLlama). The tape is pricing it in already: down 16.5% in seven days ($2.115 → $1.765), today's low $1.726.
The fine print: ZRO has historically shown low volatility in the 7 days after past unlocks (Tokenomist). LayerZero's own disclosure: of 134.7M ZRO unlocked to investors by May 31, 63.8% was still held; average selling ~4.9M a month. Unlocks count tokens leaving vesting — not tokens hitting exchanges.
The honest tension: recipients can still sell, and the pre-event selling turns real if they do. Watching $1.90–$1.93 (today's high, the breakdown shelf) and $1.70–$1.73. A daily close under $1.70 hands the unlock narrative the wheel. Levels, not advice. NFA.
The market sold 16% ahead of the unlock. Does the event itself add more downside — or has everyone already sold?
$ZRO #LayerZero #PriceAction #Altcoins
In about 37 hours, ~23 million ZRO are released from vesting.
Tomorrow 18:00 WIB: ~23.3M ZRO (~$41M) goes to core contributors and strategic partners (Binance News / DeFiLlama). The tape is pricing it in already: down 16.5% in seven days ($2.115 → $1.765), today's low $1.726.
The fine print: ZRO has historically shown low volatility in the 7 days after past unlocks (Tokenomist). LayerZero's own disclosure: of 134.7M ZRO unlocked to investors by May 31, 63.8% was still held; average selling ~4.9M a month. Unlocks count tokens leaving vesting — not tokens hitting exchanges.
The honest tension: recipients can still sell, and the pre-event selling turns real if they do. Watching $1.90–$1.93 (today's high, the breakdown shelf) and $1.70–$1.73. A daily close under $1.70 hands the unlock narrative the wheel. Levels, not advice. NFA.
The market sold 16% ahead of the unlock. Does the event itself add more downside — or has everyone already sold?
$ZRO #LayerZero #PriceAction #Altcoins