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WorldLibertyFi Multisig Repurchases 6.498M WLFI On-Chain for $2M at $0.308

Arkham reports World Liberty Financial’s official address purchased 6.498 million WLFI using $2 million in USD1 within the past hour, highlighting active token accumulation strategies.

USD1

Summary

World Liberty Financial’s official address spent $2 million in USD1 to acquire 6.498 million WLFI tokens within the past hour, according to Arkham. The activity included a $1 million transaction about 20 minutes earlier for 3.239 million WLFI. These purchases were executed on-chain through the project’s multisig wallet, averaging $0.308 per token.

Terms & Concepts
  • Multisig Address: A cryptocurrency wallet that requires multiple private key signatures to authorize a transaction, enhancing security and shared control.
  • On-Chain Transaction: A transfer or operation recorded directly on a blockchain, providing transparency and verifiable history.
  • Token Repurchase: A buyback of tokens by an entity, typically executed to manage supply, support price, or redistribute holdings.