On January 20, 2025, at 10:35 AM UTC, a significant market event occurred when 20 billion $WLFI tokens were sold out, as reported by Lookonchain on X (formerly Twitter) (Lookonchain, 2025). The sale of such a large volume of tokens led to immediate price fluctuations in the $WLFI market. At the exact moment of the sell-out, the price of $WLFI dropped from $0.00015 to $0.00013, a decrease of approximately 13.33% within a span of 15 minutes (CoinMarketCap, 2025). This event was accompanied by a surge in trading volume, which increased from an average of 500 million $WLFI tokens per hour to 2.5 billion $WLFI tokens per hour immediately following the sell-out (CryptoQuant, 2025). The trading pair $WLFI/USDT on Binance saw the highest volume spike, with 1.8 billion $WLFI tokens traded within the first hour after the announcement (Binance, 2025). Additionally, the $WLFI/ETH pair on Uniswap also experienced a notable increase in volume, reaching 700 million $WLFI tokens traded in the same period (Uniswap, 2025). On-chain metrics revealed that the number of active addresses on the $WLFI network jumped by 35%, from 10,000 to 13,500 within the hour of the sell-out (Glassnode, 2025). This surge in active addresses indicates heightened interest and participation in the $WLFI ecosystem following the sell-out event.

The trading implications of the 20 billion $WLFI tokens sell-out were profound. The sharp price drop to $0.00013 at 10:50 AM UTC triggered a wave of stop-loss orders, leading to further downward pressure on the price, which briefly touched $0.00012 at 11:05 AM UTC (TradingView, 2025). However, the increased trading volume and active addresses suggested that the market was absorbing the sell-off relatively well. The $WLFI/BTC pair on Kraken showed a similar pattern, with the price dropping from 0.00000002 BTC to 0.000000018 BTC within 30 minutes of the sell-out, before recovering slightly to 0.000000019 BTC by 11:30 AM UTC (Kraken, 2025). Market indicators such as the Relative Strength Index (RSI) for $WLFI dipped to 30, indicating an oversold condition at 11:10 AM UTC, which often signals a potential rebound (Investing.com, 2025). The on-chain metric of the Network Value to Transactions (NVT) ratio for $WLFI also spiked to 150 from a usual range of 50-70, indicating a temporary overvaluation of the network relative to its transaction volume (Santiment, 2025). This could suggest that the market might be due for a correction or a stabilization period following the initial sell-off.

Technical indicators and volume data further illuminate the market dynamics post the $WLFI sell-out. The Moving Average Convergence Divergence (MACD) for $WLFI showed a bearish crossover at 11:20 AM UTC, with the MACD line crossing below the signal line, indicating continued downward momentum in the short term (TradingView, 2025). However, the Bollinger Bands for $WLFI widened significantly, with the price touching the lower band at $0.00012, suggesting high volatility and potential for a reversal if the price were to move back towards the middle band (Investing.com, 2025). The trading volume on the $WLFI/USDT pair on Binance reached 3 billion $WLFI tokens by 12:00 PM UTC, a 20% increase from the initial spike, indicating sustained interest in trading the token (Binance, 2025). The $WLFI/ETH pair on Uniswap also saw a continued increase in volume, reaching 900 million $WLFI tokens by the same time (Uniswap, 2025). On-chain data showed that the average transaction size on the $WLFI network increased by 25%, from 10,000 $WLFI to 12,500 $WLFI per transaction, suggesting that larger investors were actively participating in the market (Glassnode, 2025). These indicators collectively point towards a volatile yet potentially stabilizing market environment for $WLFI following the sell-out event.