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LayerZero Token ZRO Plunges 18%, Users Lose $470k Transferring to Exchanges Today, as victims of the rsETH vulnerability incident, LayerZero Token ZRO dropped 18%, with the price falling from $1.90 to $1.50.
20 minutes ago, Polymarket user “greenrooibos” transferred about 978k ZRO (worth approximately $1.57 million) to an exchange.
What’s concerning is that when this batch of ZRO was withdrawn from the exchange two weeks ago, it was worth about $2.04 million, meaning this transfer incurred a loss of about $470k.
Market volatility risks still exist, and investors need to stay alert.