Selini Capital deposited 2 million ZRO worth $2.18 million to Binance. LayerZero dropped 13% on weekly charts, becoming the worst performing asset among the top 100 on CoinMarketCap, as bears target a break below the $1 level. The token hit a low of $1.04, falling below its 200-day moving average, while trading volume plunged 35% to $38 million. Despite this bearish pressure, large holders are accumulating, with significant orders between $1.1 and $1.0, as spot netflow remained negative for four consecutive days. The RSI stands at 58, still in bullish territory, but the $1 support level remains under intense pressure.
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