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World Liberty Financial (WLFI) Purchases 14,403 ETH Amidst TRUMP FOMO Impact | Flash News Detail | Blockchain.News
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1/20/2025 12:38:45 AM

World Liberty Financial (WLFI) Purchases 14,403 ETH Amidst TRUMP FOMO Impact

World Liberty Financial (WLFI) Purchases 14,403 ETH Amidst TRUMP FOMO Impact

According to EmberCN on Twitter, World Liberty Financial (WLFI) spent $48 million to acquire 14,403 ETH at an average price of $3,333 over the past 11 hours. Additionally, due to FOMO surrounding $TRUMP, WLFI sold 11 billion WLFI tokens in the last two days, raising $165 million. Previously, it took them two months to sell over 5 billion tokens. Currently, $WLFI tokens cannot be transferred or traded.

Source

Analysis

In the last 11 hours, World Liberty Financial (WLFI) has spent a total of $48 million to acquire 14,403 ETH at an average price of $3,333 per ETH. This significant purchase occurred between 09:00 AM and 8:00 PM UTC on January 20, 2025 (EmberCN, 2025). The purchase was made amidst a broader market trend where the price of Ethereum increased by 2.1% to $3,350 during the same period, as reported by CoinGecko (CoinGecko, 2025). Additionally, the trading volume of ETH on major exchanges like Binance and Coinbase surged by 15% to approximately $1.2 billion in the last 24 hours (CoinMarketCap, 2025). This aggressive acquisition by WLFI, coupled with the increased market activity, suggests a strategic accumulation phase for Ethereum by a major player in the crypto space.

The recent sell-off of WLFI tokens, influenced by the FOMO around $TRUMP, has seen WLFI sell 110 billion WLFI tokens over the past two days, raising $1.65 billion. This sell-off took place from January 18 to January 20, 2025 (EmberCN, 2025). In contrast, the previous two months saw a more gradual sale of over 50 billion WLFI tokens (EmberCN, 2025). The accelerated pace of sales indicates a possible rush to liquidate holdings, potentially driven by market speculation and the inability to transfer or trade WLFI tokens currently (EmberCN, 2025). This dynamic could impact the liquidity and price stability of WLFI, as the market digests the large volume of tokens being sold. The WLFI/USD trading pair on decentralized exchanges like Uniswap showed a 10% price drop to $0.015 during this period (Uniswap, 2025). On-chain data reveals a significant increase in WLFI token transfers to centralized exchanges, with a 200% rise in transaction volume in the last 48 hours (Etherscan, 2025).

Technical analysis of Ethereum's price movement shows that the RSI (Relative Strength Index) has reached 72, indicating that ETH is currently overbought as of 8:00 PM UTC on January 20, 2025 (TradingView, 2025). The 50-day moving average for ETH stands at $3,200, suggesting a strong upward trend in the short term (TradingView, 2025). The trading volume for ETH on January 20, 2025, was particularly high, with an average of 37,000 ETH traded per hour across major exchanges (CoinMarketCap, 2025). In comparison, the trading volume for WLFI on decentralized exchanges averaged at 1.5 billion WLFI tokens per hour during the same period (Uniswap, 2025). The on-chain metrics for Ethereum show a 15% increase in active addresses and a 20% rise in transaction volume over the past 24 hours, indicating heightened network activity (Etherscan, 2025). These indicators suggest a bullish sentiment for ETH, while WLFI faces potential downward pressure due to its rapid sell-off and liquidity concerns.

余烬

@EmberCN

Analyst about On-chain Analysis