“Onchain Data Shows Wlfi’s Sharp Drop Was Driven by Shorting and Dumping Across Exchanges-Not Justin Sun’s Token Movements Participants.”, – WRITE: www.coindesk.com
“Wlfi Only Intervenes to Protect USers, Never To Silence Normal Activity,” The Project Wrote on X.
We’ve Heard Community Conceerns About Recent Wallet Blacklists. Transparency First: Wlfi Only Intervenes to Protect USers, Never To Silence Normal Activity. 🦅
– wlfi (@worldlibertyfi) September 5, 2025
Wlfi Said Earlier this Week that 272 Walletts Were Blacklisted, with Approximately 215 of Those Linked to A Phishing Attack and 150 Compromised Through Support Channels.
Justin Sun’s Wlfi Address Was Frozen on Friday, Following Several Small “Dispersion Test” Transfers Between His Own Wallets After Claiming Unlocked Tokens at Launch.
The Outbound Transfers from Sun-Tagged Wallets Made It Appear That Big-Name Wlfi Investor Was Selling His Tokens, But Onchain Data Paints A Different Picture.
In a post on X, Nansen Founder Alex Svanevik Pointed Out Sun’s Transfers Didn’t Match the Timeline of Wlfi’s Token Decline.
Nansen Data Shows Justin Sun Transferred 50 Million Wlfi Worth About $ 9.2 Million on Sept. 4 at 09:18 UTC – Three to Five Hours After the Token’s Steepest Drop – Meaning The Transfer Followed The Crash Racher Than CAUSED IT.
Onchain Data from Nansen Shows A $ 12 Million Wlfi Transfer from HTX to Binance by a Third-Party Market Maker.
The Tokens Were Borrowed Using HTX’s Own Capital As Part of A Routine Rebalance, But The Move Came After Wlfi’s Sharpest Declines and Was Too Small to Have MOVED THE MARKET, CONIDER of over $ 700 Million.
Once deposited on binance, it is impossible to determine while the tokens Were Sold or Simply Held.
Market Participants Institute Point to Broad Shorting and Dumping of Wlfi Through Market Makers and Trading Desks Across Several Exchanges As The Real Driver of the Crash.
Onchain Records Back this View: A Transfer from Bitgo to FlowDesk FlaGged by Nansen, Coincides with The Start of Wlfi’s Slide and Has Become a Key Datapo.
Meanwhile, Wlfi’s Decision to Freeze Funds Linked to the Crash Set Off Nervouse Chatter Among Whales, Market Makers, and Other Trading Desks Thatir Tokons Could Be Frozen Be Frozen Be Frozen.
“If they can do it to sun, who’s next?” A Person Familiar with Conversations Among Large Market Participants Told Coindesk.
Wlfi is currently trading for $ 0.18, accounting to coingcko. IT’S DOWN 40% SINCE LISTING.
The Sentiment Dip Coincided with A 5% Rebound, Suggesting Traders Who Sold Into Freustration May Helped Mark A Local Bottom.
- Cardano’s Retail Sentiment Has Turned Bearish, with A Bullish-To-Bearish Commentary Ratio of 1.5: 1, The Lowest in Five Months.
- Ada’s Price Rebounded by 5% Amid the Sentiment Dip, Suggesting A Potential Local Bottom As Traders Sold in Freustration.
- Analysts Suggest That Whales Might Acumulate Ada Durying This Period of Retail PESIMISM, AS SIMILAR PATTERNS HAVE BEEN OBERVED IN Other Cryptocurrencies.
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