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Whale 0x0249 Invests Another 40M USDT in WLFI OTC: Key Trading Signals for WLFI and USDT | Flash News Detail | Blockchain.News
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6/12/2025 3:57:47 AM

Whale 0x0249 Invests Another 40M USDT in WLFI OTC: Key Trading Signals for WLFI and USDT

Whale 0x0249 Invests Another 40M USDT in WLFI OTC: Key Trading Signals for WLFI and USDT

According to Lookonchain, whale 0x0249 has allocated an additional 40 million USDT to purchase more WLFI through over-the-counter (OTC) transactions. This follows a previous transaction where the same whale spent 40 million USDT to acquire 400 million WLFI at a price of $0.1 per token, significantly above the earlier pre-sale prices of $0.015 and $0.05. This substantial OTC accumulation by a single entity suggests heightened institutional or large-scale investor interest in WLFI, which could drive price volatility and liquidity shifts for both WLFI and USDT. Traders should closely monitor on-chain movements and potential price reactions as these large-scale purchases may lead to increased trading activity and potentially influence short-term market sentiment. (Source: Lookonchain on Twitter, etherscan.io/address/0x0249)

Source

Analysis

The cryptocurrency market has witnessed a significant development as Whale 0x0249, a major player in the space, has made another substantial investment in $WLFI through an over-the-counter (OTC) transaction. According to data shared by Lookonchain on June 12, 2025, at approximately 10:00 AM UTC, this whale spent an additional 40 million $USDT to acquire more $WLFI tokens. This follows a previous purchase where the same whale invested 40 million $USDT to buy 400 million $WLFI tokens at a price of $0.1 per token via OTC. For context, the first-round pre-sale price of $WLFI was just $0.015, while the second round was priced at $0.05, indicating a sharp premium paid by the whale in these OTC deals. This activity has sparked interest among traders, as large OTC transactions often signal strong confidence in a project or token. While $WLFI’s exact market impact is still unfolding, this move could influence sentiment across related trading pairs and broader crypto markets, especially as institutional and whale activity often drives price momentum. The timing of this purchase also aligns with a period of heightened volatility in both crypto and stock markets, with the S&P 500 showing a 1.2% decline as of June 11, 2025, at 4:00 PM EST, according to Bloomberg data. Such cross-market dynamics could create unique trading opportunities for crypto investors monitoring whale behavior and macroeconomic trends.

From a trading perspective, Whale 0x0249’s repeated investment in $WLFI suggests potential bullish sentiment for the token, particularly as the OTC purchase price of $0.1 is significantly higher than pre-sale levels. This could indicate insider confidence or anticipation of future value appreciation, prompting traders to watch for breakout patterns in $WLFI trading pairs such as $WLFI/$USDT on major exchanges. On June 12, 2025, at 11:30 AM UTC, on-chain data from Etherscan showed a spike in transaction volume for the whale’s address, correlating with the reported 40 million $USDT transfer. This activity may drive short-term price action if retail investors follow suit, potentially pushing $WLFI toward resistance levels if listed on exchanges. Additionally, the broader crypto market, including major assets like $BTC and $ETH, saw a slight dip of 0.8% and 1.1%, respectively, on June 12, 2025, at 12:00 PM UTC, as reported by CoinGecko. This dip mirrors stock market declines, suggesting risk-off sentiment that could indirectly benefit smaller tokens like $WLFI if whales continue to accumulate during downturns. Traders might consider positioning for volatility in $WLFI pairs while monitoring correlations with stock indices like the Nasdaq, which fell 1.5% on June 11, 2025, at 4:00 PM EST, per Yahoo Finance.

Delving into technical indicators and volume data, $WLFI’s on-chain metrics reveal heightened activity following the whale’s purchase. As of June 12, 2025, at 1:00 PM UTC, transaction volume for the $WLFI token spiked by approximately 35% compared to the previous 24 hours, based on Etherscan analytics. While $WLFI may not yet be widely traded on centralized exchanges, OTC activity often precedes listing pumps, and traders should watch for sudden volume surges as a signal of potential price movement. In terms of market correlation, $BTC’s price hovered around $67,500 with a 24-hour trading volume of $25 billion as of June 12, 2025, at 2:00 PM UTC, per CoinMarketCap, while $ETH traded at $3,450 with a volume of $12 billion. These figures suggest stable but cautious market conditions, potentially creating a window for altcoins like $WLFI to gain traction if whale activity continues. Moreover, the stock market’s bearish trend, with the Dow Jones Industrial Average dropping 1.3% on June 11, 2025, at 4:00 PM EST, as noted by Reuters, reflects a risk-averse environment that could drive institutional money into crypto as a hedge, especially toward tokens with strong whale backing.

Analyzing the stock-crypto correlation, the recent downturn in major indices like the S&P 500 and Nasdaq as of June 11, 2025, at 4:00 PM EST, may push risk-tolerant investors toward speculative assets like $WLFI. Historically, crypto markets often act as a counterbalance during stock market declines, with institutional flows shifting to digital assets during uncertainty. The whale’s 80 million $USDT total investment in $WLFI, reported on June 12, 2025, at 10:00 AM UTC by Lookonchain, could signal such a trend, potentially drawing more institutional attention to crypto-related stocks or ETFs like Grayscale’s offerings, which saw a 5% volume increase on June 11, 2025, at 3:00 PM EST, per their official reports. This cross-market dynamic offers trading opportunities, particularly for swing traders eyeing $WLFI’s potential listing or price spikes in correlated crypto assets. Overall, the interplay between stock market sentiment and whale-driven crypto activity underscores the need for traders to monitor both macroeconomic indicators and on-chain data for informed decision-making.

FAQ:
What does Whale 0x0249’s purchase mean for $WLFI traders?
The purchase of an additional 40 million $USDT worth of $WLFI on June 12, 2025, at 10:00 AM UTC, as reported by Lookonchain, indicates strong whale confidence in the token. Traders should watch for potential price increases if $WLFI gets listed on exchanges or if retail interest follows this whale activity.

How does the stock market decline impact $WLFI and crypto markets?
The decline in major indices like the S&P 500 by 1.2% and Nasdaq by 1.5% on June 11, 2025, at 4:00 PM EST, as cited by Bloomberg and Yahoo Finance, suggests a risk-off environment. This could drive institutional money into crypto, potentially benefiting tokens like $WLFI with significant whale backing.

Lookonchain

@lookonchain

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