🔴 The Real Reason $WLFI Dumped Twice

I know some people comment “all tokens were down, same impact,” but that’s not true when you open the charts. BTC and most majors show one huge wick from yesterday’s liquidity wipe. WLFI shows two. A giant wick on Oct 10 when the tariff chatter rattled the market, and another big one yesterday during the broad liquidity flush. Others mostly printed one extreme candle; WLFI printed both.

Here’s the clean read. WLFI’s first smash was Oct 10 — price sank ~20–30% intraday as whales unloaded and panic hit, with media tying it to the tariff headlines and broader sell pressure. That wasn’t out of nowhere; supply overhang was already there because 20% of presale tokens unlocked back on Sept 1 (same day trading started), plus the Oct 4 sale of 100M WLFI to Hut 8 kept “more supply, less trust” in play. Then yesterday’s market-wide liquidity crunch added a second oversized wick on WLFI while most tokens showed only that single wipe.

Net effect: two distinct liquidation shocks on WLFI — Oct 10 and yesterday — versus one for most of the market. A later buy-in/buyback of roughly $10M didn’t flip sentiment after an outflow pegged in reports around $150–$190M. That’s why WLFI’s chart looks harsher than the rest: earlier supply unlock and sales set the stage, tariff-driven fear sparked the first nuke, thin liquidity did the second.