WLFI Treasury Wallet Moves 135 Million Tokens to Binance

According to the new onchain update, the same WLFI treasury-linked address has sent 644 million tokens worth $79.68 million to Binance over the past two months, extending the scale of observed transfers.

Summary

An onchain update states that a WLFI treasury wallet deposited 135 million WLFI worth $12.52 million to Binance about 12 hours before the report. The new content adds that the same address sent a cumulative 644 million WLFI to Binance over the past two months, valued at $79.68 million. This expands the previously reported transfer into a broader pattern of treasury-linked token movements to the exchange.

Terms & Concepts
  • Treasury wallet: A blockchain wallet controlled by a project or organization for holding and managing token reserves or operational funds.
  • Binance: A cryptocurrency exchange where users and entities can deposit, trade, and withdraw digital assets.