TL;DR
- World Liberty Fi’s recent $10 million whale purchase of WLFI tokens has raised speculation about insider involvement, potentially performing a buyback.
- On-chain investigators noted that the whale wallet is linked to the main World Liberty Fi addresses, suggesting a connection to the project’s cold wallet.
- The involvement of large-scale wallets brings the target sale of WLFI closer, but the token will remain locked for at least 12 months after the funding round completion.
World Liberty Fi, a prominent player in the cryptocurrency market, is nearing the end of its second presale stage, offering 25 billion WLFI tokens at $0.05 each. Recently, a whale buyer acquired an additional $10 million worth of WLFI tokens, raising eyebrows within the crypto community. On-chain investigators have suggested that this whale wallet may be linked to the project itself, potentially performing a buyback.
The signer of this address (its a multisig) is 0x407, and it 1. has received funded by the Trump World Liberty deployer
2. is a signer on the WLF cold storage multisigSo, unless I'm missing something, the 2nd largest investor is WLF itself? https://t.co/ImF6ANc7DS
— Conor (@jconorgrogan) January 30, 2025
Details of the Whale Transaction
The whale purchase occurred during the second stage of the World Liberty Financial presale, where WLFI tokens are being sold at $0.05 each. So far, the fund has sold 23.76 billion tokens, approaching the $25 million target for this stage.
The recent $10 million purchase has accelerated WLFI sales, which had gained momentum thanks to the popularity of the Official Trump (TRUMP) meme token and significant purchases by TRON’s founder, Justin Sun.
Insider Wallet Speculation
On-chain investigators have noted that the whale wallet is not a random buyer. Instead, it appears to be linked to the main World Liberty Fi addresses. The wallet has shown an early connection to the WLFI cold wallet, which initially funded the buyer when generating the wallet.
Additionally, the buyer’s wallet has signing rights to the WLFI cold storage wallet. This connection suggests that World Liberty Fi may have organized a form of buyback or another action linked to insider buying.
Market Impact and Future Outlook
The involvement of large-scale wallets brings the target sale of WLFI closer. The token completed its first presale round on January 20, following the hype created by the launch of the TRUMP token.
However, WLFI sales slowed down once it became apparent that the token would not be transferable and might not start trading anytime soon. The token will remain locked for at least 12 months after the completion of funding rounds, with limited usage beyond voting.
World Liberty Fi’s recent whale purchase has sparked speculation about insider involvement, raising questions about the transparency of the transaction. As the project moves forward, the crypto community will be closely watching for further developments and the potential impact on WLFI’s market dynamics.
