WLFI Surges 18% as Trading Volume Hits $196 Million

WLFI has experienced significant price growth over the past 24 hours, with its value increasing by 18%. The trading volume across Spot and perpetual markets reached $196.23 million, indicating strong sentiment and a bullish outlook in the near term.

The majority of this volume came from Binance, which controls around 15.74% of the share of volume across all exchanges. In fact, multiple leading exchanges, including Binance, MEXC, Hyperliquid, and others, reported more long volume than short volume during this period.

This surge in long-side activity is further supported by the funding rate, which has remained positive. The Open Interest-Weighted Funding Rate shows that traders have placed more capital on the long side of the market, with a 0.0085% OI Funding Rate at press time.