WLFI Holders Dump 1.8B Tokens in Record Profit Event

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World Liberty Financial’s WLFI token recently hit a huge milestone after it recorded its highest-ever realized profit event.According to on-chain analytics firm Santiment, 1.8 billion of the Trump-linked tokens were sold at a profit on May 18, with the spike coming only weeks after WLFI hit an all-time low.WLFI Holders Cash Out After Binance-Linked CatalystAlongside the record realized profit, Santiment noted that a metric that tracks tokens moving on-chain multiplied by their level of dormancy, known as “age consumed,” had also hit an all-time high of 17.4 trillion, indicating unprecedented movement of long-dormant supply.It tied the activity to Binance launching a USD1/BTC trading pair that allowed traders to use WLFI’s USD1 stablecoin as collateral for Bitcoin futures for the first time. The analytics firm said the listing created a rare exit opportunity for long-term holders after WLFI spent months sliding lower.“This was a major, well-publicized event that gave long-time holders a high-profile moment to finally cash out,” it wrote.Even after the recent bounce, the token is still down more than 80% from its September 2025 all-time high near $0.33, with the situation having been made worse late last month after WLFI crashed to an all-time low near $0.05.Per Santiment, that drop was caused by “governance drama, a controversial token unlock proposal involving 62 billion tokens, and several reports about secret token sales benefiting insiders.”The unlock proposal in particular drew intense scrutiny from holders and even led to a public dispute with Tron’s Justin Sun, one of the biggest investors in World Liberty, who called it “one of the most absurd governance scams” he had ever seen.He then filed a lawsuit against the project in a California federal court, which WLFI countered with a suit of its own, accusing Sun of running “a coordinated media smear campaign.”Where WLFI Stands NowApart from unlocking dormant selling, the Binance listing event appears to have also coincided with a wave of other on-chain activity, including several huge USD1 burn transactions linked to World Liberty, flagged by crypto analyst CryptoNotaz.Meanwhile, at the time of writing, WLFI was trading around $0.061, which is a nearly 12% dip over the past seven days and 22% in the last month.Its market cap is sitting at about $1.9 billion against a fully diluted valuation near $6.1 billion, with only around 31.8 billion of the 100 billion total supply currently in circulation.Looking at open interest, WLFI futures stand at $181.7 million according to CoinGlass. About $226,000 worth was liquidated over the past 24 hours, with slightly over $133,000 of that being long positions.The post WLFI Holders Dump 1.8B Tokens in Record Profit Event appeared first on CryptoPotato.