๐ฅ World Liberty Fi ($WLFI) just blacklisted 2 wallets linked to Justin Sun after suspicious token moves.
๐ฐ Impact:
Sun may have lost access to 540M unlocked WLFI + 2.4B vested reserve.
$500M worth of WLFI frozen โ๏ธ
๐ What Happened:
Sun promised to hold WLFI as a long-term backer.
Days after unlocking, he moved tokens โ HTX exchange (under his control).
On-chain data (Arkham) confirmed the wallets were blacklisted after $9M WLFI transfer.
๐ Market Fallout:
WLFI slid to $0.18 (-40%) since the unlock.
Whales shorting heavily โ 12 of 19 Hyperliquid whales in shorts.
Selling suspicion continues as transfers attempted toward Binance ๐จ
๐ฃ๏ธ Justin Sunโs Defense:
Denies dumping.
Claims moves were โexperimental testsโ for exchange infra.
HTX recently launched yield vaults for WLFI + TRUMP with up to 20% APY.
โ ๏ธ Community Reaction:
85K wallets joined presale โ 29% fully sold, 10% partially sold.
60% still holding strong ๐
New reserve wallet introduced, only spendable via community voting.
โ Final Takeaway:
Blacklist = drastic step against one of WLFIโs top backers.
Market still shaky โ whales signaling bearish outlook.
