BlockBeats News, September 5th, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the top WLFI holder has started to transfer WLFI for diversification:
In the past 18 hours, they have dispersed 79.54 million WLFI to 9 addresses (about $14.69 million), one of which, moonmanifestphilanthropy.eth, had a small sell-off operation 3 days ago, but currently, the receiving addresses have no sell-off actions.
The top holder moonmanifest.eth holds a total of 1% of WLFI chips. 2 billion tokens were unlocked at the TGE, and the address is suspected to belong to TechnoRevenant, a key participant in the XPL sniper hedging incident.
Update: 10 minutes ago, moonmanifest47.eth transferred another 100 million WLFI to a new address, worth $18.24 million.