80% of WLFI’s top 10 holders have sold or moved their tokens, with significant transactions by major wallets such as moonmanifest.eth and convexcuck.eth.
An on-chain analysis reveals that 80% of WLFI’s top 10 holders have either sold or moved their holdings. Notably, convexcuck.eth sold $3.8 million worth of WLFI to 36 buyers, while the largest holder, moonmanifest.eth, retained most of their 1 billion tokens, valued at $230 million. Despite the price pullback, these movements indicate ongoing activity in the WLFI market.