Whale's $6M WLFI Buy Sparks Optimism Amid Market Uncertainty
World Liberty Financial (WLFI) has been experiencing volatility in recent days, failing to breach the $0.06 mark despite attempting to retake the market.
The altcoin surged to a local high of $0.061 four days ago but quickly retraced heavily due to increased speculation that faded fast.
However, some whales have taken advantage of the cooling down market to scoop up significant amounts of WLFI.
A single whale has withdrawn 90 million WLFI from Binance and received an additional 18.7 million WLFI from other wallets, accumulating a total of 108.45 million WLFI worth $6.18 million.
Exchange activity also echoes this accumulation, with Spot Netflow remaining negative for 12 consecutive days, a period that has often preceded strong performances in the past.