A newly created wallet has deployed 10 million USDC to purchase World Liberty Financial (WLFI) tokens, according to on-chain tracker Lookonchain. The wallet now holds approximately 47.6 million WLFI acquired at an average price of $0.109, with another $4.83 million USDC still available—suggesting further buys could follow. The move lifted WLFI to around $0.111, an 11% gain over the past day.
Fresh Wallet Accumulates 47.6M WLFI at $0.109 Average
Lookonchain's data reveals the wallet built its position gradually rather than with a single large order, a pattern often associated with strategic accumulation rather than short-term flipping. This steady whale accumulation has tightened available supply on exchanges, providing price support. With the broader crypto market showing mixed signals, WLFI's jump stands out as a sign of focused interest from big capital.
Volume Spikes to $213M Lending Credibility to Rally
Twenty-four-hour trading volume for WLFI surged to around $213 million, a sharp increase from the previous day. Higher volume alongside price gains typically signals real buying pressure rather than thin-market manipulation. Analysts often view sustained high volume as a prerequisite for continued upside, and WLFI's current setup passes that initial test.
Binance Airdrop and Expansion Plans Keep Project in Spotlight
Beyond whale activity, World Liberty Financial has drawn attention from recent project developments. A Binance WLFI airdrop campaign is drawing new participants and boosting liquidity. Reports of meetings with major financial players and plans to expand into banking services and real-world assets suggest longer-term ambitions. Even regulatory scrutiny tied to a large investment has increased the token's visibility, creating a backdrop that supports ongoing accumulation.
$0.10 Support Key; Next Target $0.12 or Risk of Pullback
From a technical perspective, $0.10 has emerged as crucial support. If WLFI holds above that level, the token could attempt a move toward $0.12 in the near term. A breakdown below $0.10, however, may drag the price toward $0.09, especially given fragile overall sentiment in crypto. The trend looks positive but remains dependent on whales maintaining their buying appetite and the market staying cooperative.