A multi-signature wallet has recently made a significant buyout of $WLFI tokens. As per Spot On Chain, the multisig wallet has purchased 200M $WLFI by spending $10M, increasing the 3-day buyout to a massive $20M. The on-chain analytics provider disclosed this event on its official X account.
Multisig Wallet’s Total $WLFI Holdings Reach $20M with 200M Tokens Added
Spot On Chain revealed the acquisition of 200M $WLFI tokens by the multisig wallet due to which its cumulative holdings have reached 400M. Over the past 3 days, the respective wallet has made a total investment of nearly $20M into the $WLFI token. The wallet reportedly made the purchases at a point when the per-token price of $WLFI was $0.05.
The on-chain analytics firm also pointed toward the latest $WLFI pre-sale round. This round effectively concluded on the 20th of January. In the initial round, 20B $WLFI tokens (representing 20% of the cumulative supply) were sold at a decreased per-token price of up to $0.015. The $WLFI acquisition by the multisig wallet denotes a noteworthy development. Such activities often grasp the attention of large-scale investors, highlighting the long-term viability and use cases.
Significant $WLFI Acquisition Underscores Potential for a Price Upsurge
According to Spot On Chain, the aforementioned $WLFI purchase underscores a heightened demand for the crypto token. Keeping this in view, a continued demand could pave the way for an enormous price spike. The market onlookers keep closely watching for the key market signals to anticipate the likely developments.
