Justin Sun vs $WLFI Crash Rumors

The WLFI crash has been blamed on Justin Sun — but the data tells another story.

📉 On Sept 4 (04:00–06:00 UTC), WLFI plunged –11.4% after ~40M tokens moved from BitGo → Flowdesk → Bybit/OKX/Binance. Heavy selling caused the drop.

(Source: Nansen)

⏰ Justin’s 50M $WLFI ($9.2M) transfer came later (09:18 UTC) — after the crash. He wasn’t the trigger.

(Source: Nansen)

Justin fired back:

> “I’m innocent. I invested like everyone else. Freezing my tokens violates blockchain fairness and transparency.”

Now the real question 👉 If Justin isn’t behind it, who is dumping WLFI? And can the project rebuild trust — or is the bleed permanent?