WLFI blacklist: Justin Sun’s WLFI token address was flagged and effectively blacklisted after a $9 million transfer to exchange HTX, according to on-chain analytics providers Nansen and Arkham. The flag prompted trading restrictions on the address and coincided with a sharp WLFI price drop during its first week of public trading.
Blacklisted after a $9M transfer to HTX
On-chain analytics (Nansen, Arkham) flagged the wallet soon after a 50 million WLFI token move.
WLFI fell ~22% intraday, trading below $0.18 per CoinMarketCap data.
WLFI blacklist: Justin Sun’s WLFI address was flagged after a $9M transfer to HTX, prompting trading restrictions and a sharp price drop—read full details and data.
What happened when Justin Sun’s WLFI token address was blacklisted?
WLFI blacklist occurred after a 50 million WLFI transfer to exchange HTX that was flagged by on-chain analytics providers. The blacklisting coincided with trading restrictions on the address and a notable sell-pressure event that contributed to WLFI’s rapid price decline in its first week of public trading.
Justin Sun’s WLFI token address was blacklisted after a $9 million transfer on Thursday, raising concerns over trading restrictions as prices tumble.
Tron founder Justin Sun’s World Liberty Financial (WLFI) token address was blacklisted on Thursday after transferring 50 million WLFI tokens to crypto exchange HTX.
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On-chain data from Nansen and Arkham shows the address was flagged shortly after a $9 million transaction. The blacklisting fueled concerns that WLFI was subject to address-level trading restrictions, potentially limiting certain users from selling and pressuring market prices during the token’s debut week.
Cointelegraph (plain text mention) reached out to Sun’s team for confirmation but had not received a response by time of publication.
On Thursday, Sun responded to speculation in an X thread, saying in a translated post that his address had only carried out a few routine exchange deposit tests with very small amounts of WLFI tokens before creating address dispersion.
He emphasized that the activity did not involve any buying or selling and “could not possibly have any impact on the market.”
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