Selini Capital Sells $2.18M ZRO, Raising Doubts About Token's Price

LayerZero is facing pressure as Selini Capital has moved $2.18 million worth of ZRO, causing concerns about the token's price stability. This move comes after a previous sell-off of $1.25 million in ZRO by another investor.

The price of ZRO has been volatile over the past few days, and this latest development may have contributed to the uncertainty. With Selini Capital now holding a significant amount of ZRO, investors are wondering if the token's value can still hold at $1 per unit.