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Trump-Backed WLFI Falls 10% After USD1 Launch
World Liberty Finance (WLFI), the Trump-backed cryptocurrency project, has remained active in development—most notably launching its USD1 stablecoin on the Aptos (APT) blockchain. However, the token’s market performance has not mirrored this momentum. Despite recent advancements, WLFI’s price dropped by over 10% at the time of writing.
Liquidity Outflow and Bearish Pressure
According to CoinGlass, the WLFI perpetual market experienced a sharp liquidity outflow, with $82 million exiting the market. This brought the total value locked (TVL) down to $630 million. Simultaneously, trading volume surged to $550 million, more than doubling from the previous day’s low, indicating heightened bearish activity.
Community sentiment also shifted, dropping from 79% to 75% on platforms tracking WLFI. CoinMarketCap data revealed that over 4% of investors moved from bullish to bearish positions, warning of a potential downturn before the price dip occurred.
Institutional Accumulation Signals Possible Recovery
While retail traders appear cautious, large investors are quietly accumulating WLFI. Arkham Intelligence reported that major platforms—including Robinhood, Bitget, Bitpanda, and Indodax—invested over $30 million in WLFI over the past week.
Conversely, Binance, MEXC, and Coinbase made slight reductions in their holdings, each under 1%. This minimal sell-off appears to be profit-taking rather than broader market rejection.
Technical Outlook Suggests Upside Potential
The funding rate for WLFI remains positive at 0.0033%, indicating continued demand in the derivatives market. Analysts also point to long liquidity clusters above the current price, which may act as “price magnets” and draw WLFI upward in the near term.
