WLFI Treasury Shifts Millions Amid Crypto Market Pressure
A recent transaction has shed light on the activities of ALT5 Sigma, a treasury tied to the Trump family-backed World Liberty Financial. According to the latest reports, ALT5 Sigma shifted $10.07 million worth of WLFI tokens to a new wallet following a test transaction.
This move comes just one day after the entity transferred 1.815 billion WLFI tokens, valued at approximately $99.77 million. At present, 5.09 billion WLFI tokens remain held at the original address.
The price action of WLFI on the four-hour chart indicates that the token is currently trading at $0.05 within the Bollinger Bands. The upper resistance level is set at $0.06, with both EMA50 and EMA200 sitting at this point as well. Meanwhile, the MACD Death Cross confirms bearish momentum, and the RSI remains neutral at 41.29.
WLFI price prediction setup during the ongoing crypto market crash pressure suggests a possible retest of lower band support at $0.05 before any potential upside.