WLFI Token Dumps as Insiders Cash Out Early
WLFI token crashes after insiders sell millions. Price falls from $0.34 to $0.25 in just hours. Retail investors left holding the bag.
- WLFI drops 26% after major insider selling
- Over 698M tokens sent to exchanges in 24 hours
- Insiders control supply and unlock schedule
The launch of the WLFI token quickly turned sour as on-chain data revealed heavy insider dumping shortly after trading began. Despite initial excitement, WLFI’s price crashed from $0.34 to $0.25 in under three hours — a 26% drop that caught retail investors off guard.
The price action tells a familiar story in the crypto space: insiders sell early, and the public is left with losses. According to wallet activity, the largest WLFI sellers were linked to insider allocations, vesting wallets, and even arbitrage bots.
One wallet alone dumped 12.1 million WLFI — worth $3.8 million — while several others offloaded between 5M to 12M tokens. All within the first 24 hours. The gas usage and transaction timing were nearly identical across these wallets, suggesting coordinated behavior.
698 Million Tokens Moved to Exchanges
In total, more than 698 million WLFI tokens were sent to exchanges on the day of launch. Binance received the largest share with over 400 million WLFI, followed by OKX (180M) and Gate.io (118M).
While insiders were offloading, retail traders were unknowingly buying in. Many early buyers believed in the hype, unaware that they were exit liquidity for presale participants sitting on 20x gains, having bought at just $0.015–$0.05 per token.
This massive sell-off was fueled by the unlocking of 1.627 billion WLFI at launch — the first 20% of the presale allocation. The remaining 80% is still locked but governed by votes controlled by the same insiders.
Centralized Control Raises Red Flags
Perhaps most alarming is the highly centralized token structure. Insiders hold 56% of the WLFI supply, with the Trump family alone controlling 22.5 billion tokens and 75% of net revenue.
Even worse, the token unlock schedule isn’t fixed — it depends on governance votes where insiders have majority control. This setup means they can vote to unlock more tokens at any time, increasing the risk for retail investors.
With such lopsided control, WLFI lacks key aspects of decentralization. As the dust settles from the launch, it’s clear that early insiders profited massively — and everyday investors paid the price.
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