ChainCatcher message, according to on-chain analyst Ai Yi (@ai_9684xtpa), the WLFI multi-signature address transferred 3.58 billion WLFI to Bitgo 3 hours ago, marking the largest single transaction in nearly 7 months.
It is reported that BitGo serves as the custodian for USD1 reserves and provides major brokerage services for liquidity and institutional trading. This transfer appears to be the first time WLFI has transferred WLFI assets to Bitgo.
Previously, ALT5 Sigma announced a private placement of 1.5 billion USD to launch the WLFI treasury strategy, acquiring 7.5% of the total token supply (approximately 7.5 billion tokens) at 0.2 USD, though it is uncertain whether this event is related.