Whale accumulates 108.45 million WLFI worth $6.18 million as founders prepare to sell
- —The whale accumulated 108.45 million WLFI worth $6.18 million, withdrawing 90 million from Binance
- —WLFI spot netflow has been negative for 12 consecutive days
- —Trump and co-founders moved 20 billion WLFI into new vesting contracts
- —WLFI trades near $0.058, with volume down 13% to $42 million
Why it matters: The whale's accumulation supports the price, but the founders' preparations to sell create the risk of a sharp dump and a WLFI decline.
Source: AMBCrypto