Dormant WLFI Wallets Reactivate as Binance USD1/BTC Launch Triggers Record Profit-Taking

Dormant WLFI Wallets Reactivate as Binance USD1/BTC Launch Triggers Record Profit-Taking

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News Editor 01
2026-07-23 20:25:15
Santiment said WLFI logged 1.8 billion tokens in realized profit on May 18 after Binance launched USD1/BTC. Age Consumed jumped to 17.4 trillion token-days, pointing to major movement from long-dormant holders.
WLFIBinanceSantimenton-chain dataUSD1

WLFI posted its largest realized profit event on record after Binance rolled out the USD1/BTC trading pair tied to the project’s ecosystem. Data shared by Santiment showed that on May 18, WLFI registered 1.8 billion tokens in realized profit, while its Age Consumed metric climbed to 17.4 trillion token-days, the highest reading ever seen for the network. That combination points to old wallets returning to activity and moving tokens that had sat idle for long periods.

Realized profit and Age Consumed surged in the same window

Santiment said the spike came during a period of heavier trading across the token. Age Consumed tracks how much older supply is being moved on-chain, so a sharp rise usually signals that dormant holders have started to reposition. In WLFI’s case, the jump in Age Consumed arrived alongside a historic realized profit reading, suggesting that long-term holders were not just moving funds between wallets but likely taking profit into fresh liquidity.

Analysts often watch these two metrics together. When both rise at once, the shift can reveal a meaningful change in holder behavior. For WLFI, the signal was clear: older investors appeared to use the Binance-driven burst in attention and trading depth to reduce exposure.

Binance listing improved liquidity and expanded USD1 utility

According to Santiment, Binance’s listing created better liquidity conditions for holders who had waited months for a stronger exit window. The exchange launch also gave traders a new use case for WLFI’s stablecoin USD1, allowing it to be used as collateral for Bitcoin futures contracts for the first time. That change brought more visibility to the broader WLFI ecosystem and coincided with the sudden return of dormant supply.

For older holders, liquidity matters as much as price. A deeper market can make large distribution easier to execute. The on-chain response suggested that Binance’s expansion gave these wallets a practical opportunity to move size back into circulation.

Token remained about 5.5% higher even after heavy holder distribution

The spike arrived after a difficult stretch for WLFI. Santiment said the token had already fallen nearly 88% from its all-time high, with pressure tied to governance disputes, controversy around a proposed 62 billion token unlock, and reports involving insider-linked token sales.

Even with the large realized profit event, WLFI still held roughly 5.5% above its level following the spike. That suggested buyers absorbed a sizable share of the selling pressure during the move. Price stability during such a large distribution wave indicated that short-term speculative demand linked to Binance’s USD1 integration had not faded.

Santiment added that traders should keep watching WLFI’s custom on-chain chart. Another major Age Consumed spike could point to more dormant holders preparing to distribute tokens and exit positions.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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