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WLFI team associated address transfers 833 million WLFI tokens to the unlock contract
Wu Shuo learned, according to on-chain analyst @ai_9684xtpa monitoring, that the WLFI team-related addresses transferred 833 million WLFI tokens in batches to the Unlock Contract (unlock contract) within the past 24 hours, worth approximately $55.57 million. The funds are sourced from WLFI multi-signature addresses and the Strategic Reserve address. The receiving address currently holds 17.82 billion WLFI tokens, with a total value of about $1190 million. It is not yet clear whether this action is related to the proposal passed last week to unlock 62.2 billion WLFI tokens after two years. Over the past 10 days, WLFI has risen from a low of $0.0512 to a high of $0.0763, a maximum increase of about 49%, and is now trading at approximately $0.0672.