CEX has there been misappropriation of user $WLFI for dumping? Maybe there has been, otherwise, there wouldn't be rumors, and the address has been frozen, but it is still under investigation.
Normal people just need to hedge their contracts. If they directly lock in user assets to secure profits, they save on funding rates. Being clever is one thing, but it does come with some issues.
On a smaller scale, anyway, everything will be unlocked in the future; as long as there's no run on it, it shouldn't be a big problem. On a larger scale, how did FTX collapse back then? It was also misappropriation of user assets, just that $WLFI doesn't have that kind of influence.
As for whether Brother Sun's hundreds of millions of tokens can crash it? Not necessarily; there are surely other whales involved. But right now, who is selling doesn't matter; having someone to take the blame is enough.
But since Brother Sun's address has been frozen, $WLFI has started to take off; Brother Sun is like yellow mud stuck in his pants, not poop but still smells like it.
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