The accumulation by major players in World Liberty Financial (WLFI) has led to a noticeable increase in positivity in the market, where one whale position amounted to 108.45 million WLFI worth $6.18 million. Four days ago, WLFI reached a local high of $0.061, but this movement proved to be short-lived– the current price is around $0.058. Trading volume has dropped by 13%, totaling $42 million, indicating a slowdown in market activity. Despite these figures, whale accumulation demonstrates strong optimism regarding future performance.
According to Arkham, one whale has established a significant outflow of WLFI from Binance, withdrawing 90 million WLFI and receiving an additional 18.7 million from other wallets. This suggests that the whale is hoping for further growth; however, the overall sentiment in the community remains cautious. Some market participants are concerned about the decision of WLFI co-founders to transfer 20 billion WLFI into new contractual obligations, which could increase selling pressure on the price if they are sold. "This move allows them to cash out and receive payments,"– reports Washington Sun. In the event of such a large token sale, WLFI could face a sharp decline in its price, raising serious concerns among investors.
Although the upward potential is weakening, the bull-bear index remains positive at 5. The Relative Strength Index (RSI) remains above 50, indicating that buyers are still active. If demand from whales continues, WLFI could again reach the $0.058–$0.06 level. However, if the slowdown persists and the RSI drops below 50, this could lead to a trend reversal and a price decline to $0.054.
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