2h ago

LayerZero to Unlock 25.71 Million ZRO Tokens at 11:00 AM on August 20

AI Market Summary

RootData reports LayerZero will unlock ~25.71M ZRO on Aug 20 at 11:00, worth about $20.74M at current prices. Scheduled unlocks expand circulating supply and can increase near-term liquidity and volatility, often pressuring spot positioning as market participants adjust for potential distribution by recipients and changing float dynamics.

Impact level

● Medium

Affected assets

ZRO/USDT-3.09%

AI Insight · ZRO/USDTAI Insight

▼ Bearish

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LayerZero is set to unlock about 25.71 million ZRO tokens at 11:00 AM on August 20, data from Web3 asset platform RootData show. Based on current prices, the tokens are valued at about $20.74 million. ChainCatcher reported the information.

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