Whale buys 400M WLFI tokens with rumors of a DEX listing
The post Whale buys 400M WLFI tokens with rumors of a DEX listing appeared on BitcoinEthereumNews.com.
WLFI tokens are on the move, with a large institution moving up to $40M into the token. WLFI is still inactive and has no trading mechanism, but may be used for profit-sharing or voting. The native token of World Liberty Fi, just saw a whale or an institution move in with a $40M purchase. The OTC deal was in exchange for a direct transfer of WLFI tokens. On-chain data shows this is the second purchase for the whale address. In total, 800M tokens changed hands, suggesting an institutional-size deal. The purchase set up a price of $0.1 per WLFI, setting up hopes of a growing valuation once the token becomes tradable. The first presale buyers acquired WLFI at $0.015 and later at $0.05. A whale/institution appears to be doing an OTC deal for $WLFI. 40 mins ago, the whale sent $40M $USDT to World Liberty Finance (@worldlibertyfi). 8 days ago, the whale sent $40M $USDT to World Liberty and received 400M $WLFI, 4 days ago.https://t.co/eZ3ivzbYuV pic.twitter.com/0gIoXFki0v — Onchain Lens (@OnchainLens) June 12, 2025 The renewed activity raised the question of WLFI utility in the future. Some see the purchases as preparation for trading with listing on exchanges. The WLFI community also suggests the whale purchase may be a rush to acquire more tokens ahead of the closing of OTC deals and switching to a market valuation for WLFI. World Liberty Fi will launch voting for token holders from June 16, making WLFI more important. One of the first votes is expected to push for the listing of the native token, after over a year of inactivity. The token is currently owned by over 83,000 users on Ethereum, including large-scale whales. More WLFI is available in the original team wallets, which may extend ownership following the two open pre sales. The…