World Liberty Finance Moves $40 Million in WLFI Tokens to Binance

According to Onchain Lens, the Trump family-linked World Liberty Finance shifted $40.63 million in WLFI to Binance, reflecting ongoing activity in its token distribution.

USD1

Summary

On January 26, World Liberty Finance deposited 235 million WLFI tokens, valued at approximately $40.63 million, to Binance, as reported by Onchain Lens. The transfer occurred six hours prior to the report and adds to the asset's notable presence on the exchange. The USD1 supply totals 4.9 billion, with 4.22 billion held on Binance where holders earn roughly 12% in annualized rewards.

Terms & Concepts
  • On-chain analysis: The process of examining blockchain transaction data to track and verify digital asset movements.
  • Annualized holding reward: A projected yearly return based on rewards received for holding assets, expressed as a percentage.
  • WLFI token: A cryptocurrency issued by World Liberty Finance, tradable on exchanges like Binance.