š Trump Backed $WLFI Token Slips as Jump Crypto Starts Profit Booking
The Trump family backed World Liberty Financial (WLFI) token faced selling pressure on Monday after Jump Crypto, one of its early holders, began profit booking. This comes just hours after WLFI skyrocketed 26% following news of the US government shutdown deal.
š Key Highlights:
ā
Jump Crypto transfers 18.4M WLFI (worth $2.9M) to Binance from a batch of 100M tokens received earlier today
ā
WLFI price dips 6% after a strong rally, now trading around $0.153 with a 24 hour range of $0.119 to $0.168
ā
Futures open interest plunges 5% across major exchanges, signaling heavy profit taking
ā
Trading volume surges 608% in the last 24 hours amid volatile market action
ā
Jump Cryptoās wallet still holds over 182M WLFI tokens, valued at $27.3M, part of its nearly $1B crypto portfolio
š” Why it matters:
Jump Cryptoās move shows that even institutional players are locking in profits after WLFIās explosive rally. The pullback may indicate short term cooling, but with WLFIās ties to the Trump family and rising media visibility, market sentiment remains watchful for the next breakout.