Trump-backed World Liberty Financial moved another $182.94 million WLFI tokens out of its treasury on Tuesday. That came just 24 hours after shifting 1.815 billion WLFI worth nearly $100 million. Two massive outflows in 48 hours, yet blockchain data shows only wallet-to-wallet transfers with no confirmed destination on any exchange.
The receiving address remains unidentified. Earlier transactions followed the same pattern, starting with small test transfers before the big move. Classic treasury behavior, but it tells us nothing about where the tokens actually landed.
Exchange supply tells a completely different story. Despite the hundreds of millions moving on-chain, spot netflows stayed negative at -$95.09K. More WLFI left exchanges than entered them. The treasury is clearly repositioning assets, but those assets aren't landing where they can be immediately sold.
On the surface that sounds modest compared to the multi-million transfers. Look closer though, and you see the contradiction: treasury wallets move massive amounts while exchange balances shrink. No evidence yet that these transfers created selling pressure on open markets.
WLFI itself remains stuck. The token failed to climb past the $0.0642 resistance and trades near $0.0547, with the $0.0538 support zone under pressure. RSI sits at 39.48, below the 50 neutral mark. Buyers haven't shown enough conviction to push prices higher. Sellers keep defending the upper range through repeated rejection.
Support still holds, but WLFI needs to reclaim $0.0642 before bulls can claim any structural advantage. Until then, the technicals favor caution.
This article provides market data and technical analysis for informational purposes only. It does not constitute financial advice or a recommendation to buy or sell WLFI or any other asset.
