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B3bit

09/07 17:39

Why WLFI is at risk of falling despite whale’s $2.

Why WLFI is at risk of falling despite whale’s $2.8 mln buy

WLFI sentiment revives after address blocklist, can gains really hold?
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WLFI climbed 28% to $0.2398 as whales withdrew 13 million tokens, Futures inflows topped $113 million, and Open Interest surged. Yet, profit-taking inflows left traders eyeing $0.21 risk.
Since hitting $0.16 four days ago, World Liberty Financial [WLFI] traded within an ascending channel and reached a local high of $0.2446.
At press time, WLFI changed hands at $0.2398, up 28.18% in the last 24 hours. Its market cap stood at $5.91 billion, reflecting renewed inflows.Is this a sustained uptrend or a speculative bounce?
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