BlockBeats reported on July 7 that, according to monitoring by on-chain analyst Ember, a WLFI treasury address transferred 170 million WLFI to Binance. The latest transfer adds to a broader distribution tied to Binance’s USD1 wealth management campaign. Data cited in the report shows that WLFI has so far spent about 1.37 billion WLFI for the Binance USD1 program, with an estimated value of roughly $127 million. While the exact post-transfer use of the tokens was not disclosed, the movement indicates that token allocations related to the campaign are still ongoing.
BlockBeats reported on July 7 that, according to monitoring by on-chain analyst Ember, a WLFI treasury address transferred 170 million WLFI to Binance.
As of now, WLFI has spent about 1.37 billion WLFI for Binance’s USD1 wealth management campaign, with an estimated value of roughly $127 million. The report did not specify the exact next use of the newly transferred tokens, but the on-chain movement suggests that token distribution tied to the related incentive program is still ongoing.
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