World Liberty Fi whale buyer may be an insider wallet

A new $10M purchase flowed into the next stage of the World Liberty Financial presale. However, the whale address may be linked to the project, performing a buyback. 

World Liberty Financial showed a new large-scale buy from a whale, for a total of $10M. The purchase comes during the second stage of the presale, where WLFI tokens are offered for $0.05. So far, the fund has sold 23.76B tokens, getting closer to the end of the second stage at $25M. 

WLFI sales have accelerated thanks to the popularity of the Official Trump (TRUMP) meme token. Additionally, Justin Sun, TRON’s founder, joined with several significant purchases. 

The latest whale transaction, however, points to a potential insider wallet. The purchases originated from a multi-sig wallet, which acquired more than $20M of WLFI in the past few days. 

Whale wallet linked to main World Liberty Fi addresses

On-chain investigators noted the wallet is not a random whale buyer, as WLFI is mostly acquired in small batches by retail clients buying in support of Trump. The selling of WLFI is further limited for US buyers, as it is only open to accredited investors. 

The recent buyer has already become the single biggest investor after Justin Sun, based on the size of purchases and the accumulated stake. 

The address, however, has shown an early link to the WLFI cold wallet, which first funded the buyer when generating the wallet. Additionally, the buyer’s wallet has signing rights to the WLFI cold storage wallet. 

The connection between the buyer and seller addresses suggest World Liberty Fi may have organized a form of buyback, or another action linked to insider buying. The recent purchase is also viewed as a potential buyback, adding to the fund’s initial insider holding of over 80% of the WLFI supply. 

The token will remain locked for at least 12 months after the completion of funding rounds. After that, the code suggests WLFI may become transferable. However, there are no mechanisms for the token’s usage beyond voting, where the public will have a limited influence due to holding a smaller share of the supply.

The involvement of large-scale wallets brings the target sale of WLFI closer. The token completed its first presale round on January 20, after the hype created by the launch of TRUMP. Since then, WLFI sales slowed down, once again pressured by the realization that the token will not be transferable and may not start trading any time soon. 

World Liberty Fi grows crypto portfolio

World Liberty Fi is also growing the value of its crypto portfolio, which appreciated to over $413M. The fund acquired Ethereum (ETH) and other assets from the ecosystem in preparation for its DeFi activity. In the meantime, the assets appreciated, though for now the fund has no intentions of selling. 

The fund’s balance increased from a recent value of $380M, after additional token buying and market appreciation. The fund also acquired MOVE tokens, which slid to $1.86M, causing an unrealized 7.5% loss. 

World Liberty Fi holds over $205M in ETH, showing confidence by buying the recent market dips. The buying of ETH is seen as a relatively risky move, but the fund will own an asset that can be used for collateralized lending. 

Despite the relatively slow development for crypto standards, World Liberty Fi is closely watched as a potential bullish sign for crypto development. Some consider the fund as a bid to extend the ‘Made in USA’ crypto concept. 

$WLFI has a lofty goal: cement the U.S. dollar as the cornerstone of DeFi by creating a future where dollar-backed stablecoins dominate global transactions.

This won’t happen overnight. While the project could be a hit, there are some token concerns in the near term: (1/5)

— Weiss Crypto (@WeissCrypto) January 30, 2025

The fund’s popularity has even reached the AI agent space. Open-source character files for Eliza OS show the AI agent’s training includes favorable mentions of World Liberty Fi.

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