WLFI multisig wallet sent 248M tokens to Binance in a month
- —248M WLFI worth ~$13.55M sent to Binance over the month
- —Latest tranche was 88M tokens worth ~$5.09M
- —It accounted for about 35% of total transfer volume
- —The wallet's link to WLFI and its signatories have not been disclosed
Why it matters: Large exchange deposits often precede sales, which could weigh on the WLFI price.
Source: TokenPost