Summary
- World Liberty Financial (WLFI) said it transferred about 146.4 million of its tokens to centralized exchanges (CEXs), worth $15.4 million.
- Onchain Lens said that transfers to exchanges are typically seen as a possible sign of selling, and that additional deposits may follow.
- WLFI was trading in the $0.105 range on CoinMarketCap, down about 0.4% from the previous day and more than 7.5% from a week earlier.
Forecast Trend Report by Period
World Liberty Financial (WLFI), the cryptocurrency project backed by the family of U.S. President Donald Trump, has reportedly made a large transfer of its tokens to centralized exchanges (CEXs).
According to Onchain Lens on the 4th (local time), World Liberty Financial deposited about 146.4 million WLFI tokens into OKX and Bitget. At current prices, the transfer is worth $15.4 million (about KRW 22 billion).
Typically, moving tokens to exchanges is viewed as a potential signal of selling pressure. Onchain Lens said “additional deposits may follow.”
As of that day, WLFI was trading in the $0.105 range on CoinMarketCap, down about 0.4% from the previous day. That represents a drop of more than 7.5% compared with a week earlier.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
