Garrett Jin, founder of defunct cryptocurrency exchange BitForex, moved 17 million WLFI worth about $1.01 million to Binance in a transfer flagged by on-chain data analyzed by EmberCN that may indicate selling at roughly a 40% loss. EmberCN said an address believed to be controlled by Jin withdrew 313 million WLFI worth $31.89 million from Binance in February when the token traded near $0.10; CoinMarketCap showed WLFI at $0.05952, up 3.38% over 24 hours. The transfer comes as BitForex remains under scrutiny after it reportedly halted withdrawals in early 2024, leaving many users unable to access funds.