[Block Rhythm] Just noticed some activity, about half a day ago, a wallet suspected to belong to the WLFI team (Address DHf6…VM8m) threw 73.16 million WLFI Tokens to a major exchange. According to the market at that time, this batch was worth 11.11 million dollars.
Transfers of this magnitude are either the project team adjusting their positions or preparing to cash out. In any case, the on-chain data is there, and how to interpret it is up to each individual's judgment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
BitcoinDaddy
· 12-02 06:45
The risk alert has been pumped.
View OriginalReply0
FloorSweeper
· 12-02 06:41
Retail investors are going to be played people for suckers again.
WLFI team Wallet activity: 73.16 million Tokens transferred to exchange
[Block Rhythm] Just noticed some activity, about half a day ago, a wallet suspected to belong to the WLFI team (Address DHf6…VM8m) threw 73.16 million WLFI Tokens to a major exchange. According to the market at that time, this batch was worth 11.11 million dollars.
Transfers of this magnitude are either the project team adjusting their positions or preparing to cash out. In any case, the on-chain data is there, and how to interpret it is up to each individual's judgment.