According to BlockBeats, on-chain analyst Ai Yi (@ai_9684xtpa) has observed significant activity from the largest individual holder of WLFI tokens. Over the past 18 hours, this holder has distributed 79.54 million WLFI tokens, valued at approximately $14.69 million, across nine different addresses. One of these addresses, moonmanifestphilanthropy.eth, had a minor sell-off three days ago, but currently, none of the receiving addresses have engaged in selling activities.
The top holder, associated with the address moonmanifest.eth, possesses 1% of the WLFI tokens. During the Token Generation Event (TGE), 200 million tokens were unlocked. This address is suspected to belong to TechnoRevenant, a key participant in the XPL hedging event.
