The WLFI token, linked to former U.S. President Donald Trump, is facing significant selling pressure amid team activity and political scrutiny. Data shows the World Liberty Finance team sold 16.71 million WLFI tokens, worth $1.74 million, onto the OKX exchange. This contributed to a 3.55% price drop to $0.1032, even as the broader cryptocurrency market rose over 4%.
The WLFI token fell 3.55% to $0.1032 while broader digital asset markets gained over 4%. Trading volume for WLFI surged more than 85% to $156.75 million, indicating active participation during the decline.
A key factor in the downturn appears to be actions by the project’s own team. According to a post by the crypto transaction tracker Onchain Lens, the team deposited 16.71 million WLFI tokens, valued at $1.74 million, into the OKX exchange. The tracker further noted the team is likely to send more tokens to centralized exchanges, adding bearish pressure.
U.S. Senator Elizabeth Warren also criticized the project, calling it “the most disgraceful presidential corruption scandal in history.” She stated anyone owning 10% or more of WLFI must disclose their holdings and that the associated bank application would be rejected.
Technically, WLFI is testing a crucial support level at $0.097, which has held since October 2025. A failure to maintain this level could lead to a further decline toward $0.070.
Derivatives data from CoinGlass shows traders are heavily betting on continued downside. Analysis indicates $5.64 million in short-leveraged positions have been built, significantly outweighing $1.22 million in long positions.
