President Donald Trump and his family's cryptocurrency project, World Liberty Financial (WLFI), is listed for spot trading in several major exchanges, including Binance and Coinbase.
A few minutes ago, WLFI was listed in Binance Spot Trading. The Binance list caused a surge in prices. The price reached $0.47, but it was unable to maintain it and began to drop.
Hearing about the list of vinance, early WLFI investors moved tokens into exchange to make a profit.
According to a post by Lookonchain, many pre-sale participants send WLFIs in exchange after they request a WLFI token.
Address 0xc3e7 demanded 60 million wlfi, worth $19.2 million, and deposited it into his Binance account.
Address 0x7ed4 demanded 53.33 million wlfi, worth $17.1 million, and deposited it into his Binance account.
Address 0x3881 requested 46.67 million WLFI worth $14.9 million and deposited it into a Binance account.
As is known, early WLFI investors purchased tokens at very low prices, such as $0.05 and $0.015.
According to a post by LookonChain, Smart Investor 6CCDOT made a profit of $263,866 by trading WLFI within 10 minutes.
Another whale, address 0xA2F2, deposited 10.18m USDC on high lipids and opened a WLFI short position with 3x leverage. His current position is 6.84 million WLFI (valued by $1.9 million).
Meanwhile, the World Liberty Financial team has reissued details of the supply of WLFI tokens. According to the announcement, 246.7 billion WLFI tokens were distributed at launch, accounting for approximately 24.67% of the 100 billion supply. Therefore, the initial token supply is approximately 24.669 billion WLFIs, of which 10 billion will be allocated to ecosystems, 778.4 billion will be allocated to liquidity and marketing, and 4 billion public sales participants.
*This is not investment advice.
