LayerZero Partner Moves $14.98M ZRO to Coinbase Prime

A strategic partner of LayerZero has moved approximately $14.98 million worth of ZRO tokens to Coinbase Prime, an institutional custody and trading platform.

The transfer represents about 19.7% of a 40.57 million ZRO allocation received by two related addresses roughly one year ago from the LayerZero strategic-partner multisignature wallet.

This movement leaves approximately 32.57 million ZRO outside the reported transaction, implying that the transfer should be considered partial and not indicative of a full liquidation of the partner's holdings.