Jump Crypto, Whale, and Burn Drive $32M in WLFI Transfers

Jump Crypto, Whale, and Burn Drive $32M in WLFI Transfers

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Jump Crypto, Whale, and Burn Drive $32M in WLFI Transfers
  • Jump Crypto withdrew 50.68M WLFI worth $11.58M from Bybit and Binance.
  • Whale wallet 0x8C4 withdrew 40.87M WLFI worth $10M from Bybit.
  • WLFI burned 47M tokens worth $11.34M, reducing circulating supply.

World Liberty Financial’s native token WLFI recorded significant activity in its first days of trading. On-chain data from the Data Nerd recorded more than 138 million WLFI tokens, valued at over $32 million, moving across exchanges, whale wallets, and protocol addresses. 

The transfers included institutional activity and a large-scale burn that reduced the circulating supply. 

For context, WLFI began trading on September 1 at more than $0.30. This indicates a fully diluted valuation exceeding $30 billion. Notably, WLFI is trading at $0.2270, a 6.6% decline in the past day. The trading volume has also fallen by 63.3% to $1.75 billion in the past day. 

Binance was the first major exchange to launch trading with USDT and USDC pairs, followed by Coinbase, Upbit, Gate, and others. 

Related: Here’s How the Trump-Linked WLFI is Trying to Stop its Post-Launch Price Crash

Jump Crypto Leads Withdrawals

Per information shared by Data Nerd, the largest movement came from Jump Crypto. Data shows the trading firm withdrew 50.68 million WLFI, worth approximately $11.58 million, from Bybit and Binance within the last four hours. 

Such large withdrawals imply shifting assets into cold storage or strategic deployment in liquidity pools. Alongside Jump Crypto, a separate whale identified by the wallet address 0x8C4 executed a withdrawal of 40.87 million WLFI, valued at $10 million, from Bybit. 

WLFI Burn Reduces Supply

In addition to these large transfers, World Liberty Financial burned 47 million WLFI, equivalent to $11.34 million. Token burns are irreversible and permanently remove tokens from circulation, reducing overall supply. This is part of a supply management mechanism to cause scarcity.

Aside from these movements, Lookonchain earlier noted a selling pressure on WLFI immediately after launch. The blockchain tracker reported that three presale wallets transferred 160 million WLFI, worth $51.2 million, to Binance shortly after claiming tokens.

WLFI Launch Details 

World Liberty Financial confirmed that 24.67 billion tokens entered circulation at launch, equal to 24.67% of its 100 billion total supply. The float included 10 billion for ecosystem allocation, 7 billion for Alt5 Sigma Corporation, and 2.8 billion for liquidity and marketing.

Related: World Liberty Financial (WLFI) Price Prediction 2025–2030

A day-one unlock allowed early investors from $0.015 and $0.05 rounds to claim 20% of their holdings, adding roughly 4 billion tokens into circulation. The remaining 75.33 billion tokens remain locked across treasury, team, public sale, and strategic partner allocations, subject to vesting schedules.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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