World Liberty Financial faced a fresh bearish catalyst after its treasury transferred 39 million WLFI tokens worth approximately $2.19 million to a Bybit-linked deposit wallet, raising concerns about potential selling. Despite the transfer, WLFI gained 1.65% over the past day, trading near $0.0566. Spot netflow data showed a 24-hour net inflow of $1.34 million, indicating more tokens entered exchanges than left, though longer timeframes showed outflows had previously dominated. The shift suggested a move from accumulation toward short-term exchange deposits. Derivatives traders remained mildly bullish, with the OI-Weighted Funding Rate at 0.0030% and Open Interest near $249 million.
World Liberty Financial, the entity behind WLFI, moved 39 million tokens into a Bybit-linked deposit wallet, according to Onchain Lens. The treasury transfer was valued at approximately $2.19 million, and the tracker suggested the tokens were likely intended for sale.
Treasury transfers to exchanges often raise selling concerns because the tokens become easier to liquidate. However, WLFI’s 1.65% daily gain suggested buyers absorbed the immediate concern.
The token traded near $0.0566 despite the bearish catalyst. WLFI’s spot netflow indicated that selling pressure intensified during the past 24 hours.
Exchange inflows reached $14.76 million while outflows stood at $13.41 million, producing a positive net inflow of $1.34 million. The 24-hour net inflow exceeded the seven-day total of $1.32 million.
Longer timeframes painted a different picture. WLFI recorded negative net inflows of $640,480 over 15 days, while the 30-day net inflow stood at negative $8.16 million, showing outflows had previously dominated.
The shift suggested a move from longer-term accumulation toward short-term exchange deposits. By contrast, derivatives traders maintained a mildly bullish stance.
The OI-Weighted Funding Rate reached 0.0030%, while Open Interest stood near $249 million. A positive funding rate indicated that long-position holders were paying shorts to maintain exposure, though the modest rate suggested bullish positioning had not reached extreme levels.
Further treasury deposits or rising spot inflows could test that confidence. For now, WLFI faced an unusual split: tokens moved toward exchanges while derivatives traders continued paying to stay long.
