WLFI: Garrett Jin Whale Deposits 17M Tokens to Binance
Garrett Jin whale sends 17M WLFI worth $101k to Binance, realizing 40% loss from February $0.1 entry as price sits at $0.06.
SourceAnalysis
Garrett Jin whale entity moved 17 million WLFI tokens valued at $101,000 into Binance six hours ago.
The same address withdrew 313 million WLFI worth $31.89 million in February at $0.1, locking in a 40 percent unrealized loss of $12.76 million at the current $0.06 level.
Price action on the 4-hour chart shows WLFI trading exactly at the $0.06 confluence of EMA50 and EMA200 support while RSI(14) prints 78.33 in overbought territory and price presses the upper Bollinger Band; a healthy retracement toward the $0.05 lower band or EMA cluster looks probable before any continuation attempt.
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@EmberCNAnalyst about On-chain Analysis