ChainCatcher report: According to on-chain analyst Aunt Ai (@ai_9684xtpa), three addresses associated with the WLFI team transferred 8.33 billion WLFI (approximately $55.57 million) in batches to the Unlock Contract over the past 24 hours. The funds originated from the WLFI multisig and strategic reserve addresses. The receiving address now holds a cumulative total of 17.82 billion WLFI, with a total value of $1.19 billion.
WLFI Team transfers $55.57M in tokens to unlock contract, possibly linked to the 6.22B unlock proposal.
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Summary
Federal Reserve news and crypto updates highlight a major token movement, as the WLFI team transferred 833 million WLFI tokens ($55.57 million) to the Unlock Contract within the last 24 hours. The tokens originated from multisig and strategic reserve addresses. The receiving address now holds 17.82 billion WLFI tokens, valued at $1.19 billion. The move appears connected to a proposal to unlock 6.22 billion tokens.
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