A WLFI multi-signature address transferred 3.58 billion WLFI tokens to BitGo, marking the largest single transaction in the past seven months. BitGo, known for its custodial services for USD1 reserves and primary brokerage services for liquidity and institutional trading, received WLFI assets for the first time. This significant movement raises questions about potential strategic actions.
Previously, ALT5 Sigma announced a $1.5 billion private placement to initiate a WLFI treasury strategy, acquiring 7.5% of the total token supply (approximately 7.5 billion tokens) at $0.2 each. It remains unclear if this transfer is related to ALT5 Sigma's recent announcement.
WLFI Transfers 3.58 Billion Tokens to BitGo in Largest Transaction in 7 Months
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