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Lookonchain (on-chain analytics service) Reports Wallet 0x5041 (wallet address) Deposits 6M WLFI to Binance (global crypto exchange)

According to Lookonchain, wallet 0x5041 received 26.6 million WLFI worth $3.2 million from a World Liberty Financial wallet two days earlier, before transferring 6 million WLFI valued at $664,000 to Binance.

Summary

Lookonchain reported that blockchain address 0x5041 received 26.6 million WLFI tokens, valued at approximately $3.2 million, from a World Liberty Financial wallet two days prior. Around 20 minutes before the latest update, the same address deposited 6 million WLFI, worth about $664,000, into Binance, indicating a partial transfer of the previously received tokens to the exchange.

Terms & Concepts
  • On-chain analytics: The analysis of publicly available blockchain transaction data to monitor fund movements, wallet activity, and token flows.
  • Wallet address: A unique public identifier on a blockchain, such as 0x5041, used to send and receive digital assets.
  • WLFI: A crypto token associated with World Liberty Financial, used for on-chain transactions and transfers between wallets and exchanges.