It seems that the whales of the crypto sea have decided to make a splash-or should I say, a dump-in the newly minted waters of WLFI. The Trump-backed World Liberty Financial token made its grand entrance on the exchange stage, launching at a sprightly $0.30, which one might say is a bargain for a token boasting a $30 billion fully diluted valuation. Alas, it was not to last, for the token’s initial buoyancy soon gave way to a rather soggy descent, touching a high of $0.33 before the wheels came off.
At the time of writing, WLFI is bobbing along at a modest $0.2399, marking a 4.97% increase over the last 24 hours, with a trading volume that would make a commodities trader weep with joy at $2.49 billion. Despite the selling pressure, WLFI has managed to secure the 25th spot among crypto assets by market cap, a testament to its liquidity if not its stability.
Whale Transactions Create Shockwaves
According to the ever-reliable Coinbureau, these aquatic titans are parting ways with millions of WLFI, sending shockwaves through the market. A staggering 26 million WLFI, worth a cool $7.7 million, found its way through BitGo’s WalletSimple, while another 10.9 million WLFI, valued at $3.3 million, swam into Binance’s hot wallet. Not to be outdone, several other transfers ranging from $4 million to $7 million made their way across Gate and Jump Crypto, like a school of fish fleeing a predator.
🚨 JUST IN: Whales are selling $WLFI
– Coin Bureau (@coinbureau) September 1, 2025
Early Price Action Raises Concerns
BitBull, a market analyst whose charts are as reliable as a sundial in a thunderstorm, shared a graph that painted a picture of the classic “buy hype, sell fast” playbook. The token soared like a rocket at launch, only to plummet back to earth with the grace of a brick. Brief moments of optimism were swiftly quashed by relentless selling pressure, dragging the price down to the $0.23 mark.
$WLFI launched just a few hours ago.
Whales are dumping.
The chart is Straight out of the buy hype, sell fast playbook.
Not every pump is a new beginning.
👇 What do you think?
Is this just early profit-taking or a red flag?
– BitBull (@AkaBull_) September 1, 2025
Quinten, a seasoned trader, opined that he wouldn’t part with his WLFI unless the price was at least 16% above OTC pricing, describing the launch as “disappointing in price action but strong in hype and volume.” It’s a sentiment that many investors might echo, as WLFI’s debut has been a rollercoaster ride of excitement and anxiety, with the whales pulling the strings behind the scenes.
In summary, WLFI has made a grand entrance into the crypto world, complete with all the fanfare and hype one could ask for. However, the early dumping by whales serves as a stark reminder that in the world of crypto, what goes up can come down just as quickly, leaving investors to wonder whether this is a fleeting fad or the dawn of a new era. 🚀🌊
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2025-09-01 22:11