WLFI Transfers 2.5 Billion Tokens Worth $40M to Jump Crypto in On-Chain Move With Unclear Purpose

According to on-chain analyst Ai Auntie (@ai_9684xtpa), the WLFI project’s multi-signature wallet moved 2.5 billion WLFI tokens to Jump Crypto, valued at about $40.06 million. The transfer appeared on the blockchain minutes ago, with the recipient address now visible to market observers.

As of now, the tokens have not been transferred onward from Jump Crypto’s address, and the exact purpose behind the transfer remains undisclosed.

Analysts will monitor for follow-on activity to gauge potential implications for token liquidity, custody dynamics, and cross-chain settlements within the crypto ecosystem.

Source: https://en.coinotag.com/breakingnews/wlfi-transfers-2-5-billion-tokens-worth-40m-to-jump-crypto-in-on-chain-move-with-unclear-purpose