A multi-sig wallet spent $10M to buy 200M $WLFI ~35 mins ago

A multi-sig wallet spent $10M to buy 200M $WLFI ~35 mins ago, bringing its 3-day total to 400M $WLFI ($20M) at $0.05 each.

A multi-sig wallet has bought 200 million tokens of a particular cryptocurrency in the last 35 minutes, according to a recent post by Spot On Chain, a blockchain analytics platform. This brings the total WLFI tokens bought by the wallet to 400 million over the last three days, with a total value of $20 million. The wallet has been buying the tokens at an average price of $0.05 each.

The pre-sale of WLFI tokens has seen a huge demand, with the first round of 20 billion tokens (20% of the total supply) being sold out on January 20, 2025, at a price of $0.015 each. The second round of pre-sale is currently offering 5 billion tokens ($0.05 each), which is only 5% of the total token supply. Despite the higher price in the second round, there is still a strong market demand for the tokens.

This large volume of buying indicates that institutional investors are optimistic about the future prospects of the company. The recent transactions in the multi-sig wallet show that investors are still bullish on the growth of the token, especially as the second pre-sale round continues.

Four hundred million tokens were purchased by the buyers in a few days, and they are clearly preparing themselves for some future value appreciation. It is a massive buy, which indicates that investors want to acquire tokens at the current market price. So as the pre-sale goes on, people are left wondering if the price will soar even higher.

The token’s activity is being closely monitored by market observers. The pre-sale rounds provide investors an opportunity to invest in the token before it becomes available on the market. Given that the first round sold out quickly, there is a lot of interest in the token, which may increase during the second round.

The fact that WLFI sold out in the first pre-sale round is a major indication of high investor interest. In the second round of the trading process, it is noticeable that quite many investors expect the token to increase its value in the future.