WLFI multisig address transferred 3.58 billion WLFI tokens to Bitgo 3 hours ago
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the WLFI multi-signature address transferred 3.58 billion WLFI to Bitgo three hours ago, marking the largest single transaction in nearly seven months. It is reported that BitGo serves as the custodian for USD1 reserves and provides prime brokerage services for liquidity and institutional trading. This transfer appears to be the first time WLFI assets have been moved to Bitgo. Previously, ALT5 Sigma announced a $1.5 billion private placement to launch the WLFI treasury strategy, acquiring 7.5% of the total token supply (about 7.5 billion tokens) at $0.20 each. It is unclear whether this is related to the current event.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yearn Finance details the $9 million yETH exploit, confirms partial asset recovery and announces remediation plan
Data: BTC rebounds to $94,000, but the market remains unconvinced
US November New York Fed 1-year inflation expectation at 3.2%, previous value 3.24%
Jupiter platform's WET token public sale shares sold out instantly again
