Developers of This Altcoin Bought Back a Large Amount of Tokens from the Market and Burned Them Immediately
There have been notable developments in the cryptocurrency market.
World Liberty Financial (WLFI) announced that it has bought back 6.04 million tokens ($1.06 million) and subsequently burned 7.89 million tokens ($1.43 million).
The company collected a total of 4.91 million WLFI ($1.01 million) and $1.06 million in transaction fees across the Solana, BSC, and Ethereum networks. $1.06 million of these funds were used to buy back 6.04 million WLFI. A subsequent burn of 7.89 million WLFI was carried out on BSC and Ethereum. On Solana, 3.06 million WLFI ($638,000) remained unburned.
However, a mysterious whale was observed creating a new wallet at address 0xd80D and preparing 71.5 million USDC for XPL purchases. The whale has so far deposited 30 million USDC into the Hyperliquid exchange, purchasing 12.91 million XPL ($17.4 million), and the purchases are reportedly ongoing.
In another noteworthy transaction, a wallet with the address 0xFB3B withdrew 5 million ASTER ($9.9 million) and 6.34 million ASTER ($12.95 million) from Gate.io, respectively. These two whales currently hold a total of 129.59 million ASTER ($259 million), equivalent to 7.82% of the circulating supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Update: Fusaka Upgrade Signals New Era of Unified Scaling for Ethereum
- Ethereum's Fusaka upgrade (Dec 3, 2025) introduces PeerDAS and BPO forks to enhance scalability via reduced data verification costs and incremental rollup capacity expansion. - Gas limit raised to 60M through "Pump The Gas" initiative lowers fees and congestion, while L2 data costs could drop 40-60% to boost developer adoption. - EIP-7917/7951 improves security and UX with deterministic finality and P-256 signatures, aligning Ethereum with fintech standards while reducing node storage demands. - Upgrade
UAE's regulatory initiatives set the stage for a surge in institutional DeFi adoption
- DWF Labs commits $75M to DeFi projects enhancing institutional-grade infrastructure across Ethereum , BNB Chain, and Solana . - UAE's new Central Bank Law mandates licensing for DeFi protocols, balancing innovation with regulatory oversight and consumer protection. - Doma Protocol and ORA introduce liquid domain trading and cash-flow-driven models, expanding DeFi's functional scope beyond speculative tokenomics. - Institutional adoption faces hurdles including regulatory uncertainty, smart contract risks
Bitcoin Updates: Spot Bitcoin ETFs Fuel Surge as Major Holders Resume Accumulation
- Bitcoin's rebound above $90,000 triggered a $3.2B ETF profit turnaround, driven by BlackRock's IBIT and $21M inflows. - Whale accumulation (0.8 score) and retail buying since July signal $80,000 as a potential crypto bottom, supported by ETF cost bases. - Bullish technicals include record whale vs. retail deltas and neutralizing CVD, mirroring 2024's $75K bottom patterns. - Market fragility persists with Ethereum's Death Cross, XRP's $2.30 resistance, and Solana's $36M Upbit hack aftermath. - Traders foc
Webster, NY's Industrial Revival: The Impact of $9.8 Million in Infrastructure Investment on Upstate Real Estate Markets
- Webster , NY, is transforming a 300-acre Xerox brownfield into a high-tech industrial hub via a $9.8M FAST NY grant and state-backed programs. - Infrastructure upgrades, including road and grid modernization, have slashed vacancy rates to 2%, attracting $650M investments and 250+ jobs. - The redevelopment boosts residential property values by 10.1% annually and supports Governor Hochul’s plan to decentralize manufacturing. - Investors benefit from low vacancy rates and state initiatives, with industrial
Trending news
MoreCrypto prices
More
