WLFI Official Conducts Midnight “Buy the Dip” to Support the Price, Purchasing $10 Million Worth of WLFI Tokens, Currently Facing Over 30% Unrealized Loss

BlockBeats News, October 11th, according to on-chain data analyst Yu Jin's monitoring, WLFI's official team purchased 55.687 million WLFI tokens for $10 million USD1 at an average price of $0.18 per token in the early hours of today when WLFI had just started to decline.

However, just one hour after their purchase, the rug pull began, and WLFI plummeted to a low of $0.07. It has since rebounded to $0.12, but it is still down over 30% compared to their purchase price.