World Liberty Financial has transferred $1.4 million worth of its native WLFI tokens to an exchange, according to on-chain data. The move comes as the token price hovers near a critical support level at $0.0516, a zone buyers have been defending in recent trading sessions.
Token transfer details
The transaction, flagged by blockchain monitoring accounts, involved a wallet linked to the project sending WLFI tokens to a centralized exchange. Such transfers often signal an intent to sell, though the exact purpose has not been confirmed by the company. The amount represents roughly 0.3% of WLFI's circulating supply.
Support level under pressure
WLFI has been trading in a narrow range, with the $0.0516 mark acting as a floor. Buyers have stepped in at that level multiple times over the past week, preventing a deeper decline. But with bearish traders now dominating order flow, the token is testing that support once again. If it breaks, the next downside target is unclear, as there is no established support below that zone.
Market sentiment turns cautious
The token has faced renewed selling pressure in recent days, coinciding with the transfer. Volume has picked up, but the majority of trades are on the sell side. Some market participants are watching whether the project will make any statement about the move or if further transfers follow. So far, World Liberty Financial has not commented publicly.
The broader crypto market has been mixed, with Bitcoin and Ethereum showing modest gains while smaller tokens struggle. WLFI's price action appears to be driven more by project-specific factors than by macro trends.
The key question now is whether the $0.0516 support will hold. If it does, buyers may regain confidence. If it breaks, the token could slide further, with no clear floor until lower levels that have not been tested since the token's launch.
