Crypto:
37120
Bitcoin:
$67.390
% 0.55
BTC Dominance:
%58.0
% 0.01
Market Cap:
$2.32 T
% 0.47
Fear & Greed:
8 / 100
Bitcoin:
$ 67.390
BTC Dominance:
% 58.0
Market Cap:
$2.32 T

Why Did WLFI Price Rise Today?

WLFI

While the overall outlook in the cryptocurrency market remains weak, World Liberty Financial (WLFI) token stood out today with a strong performance. As many major assets declined, WLFI’s positive divergence signaled growing investor interest in the project. Over the past 24 hours, WLFI surged 20%, reaching $0.1175, with its total market capitalization climbing to around $3.13 billion. This rally was not limited to short-term speculation; strong expectations surrounding the project also supported the price. In particular, anticipation of a high-profile event, notable on-chain whale purchases, and a sharp rise in trading volume were key drivers behind the token’s momentum. Increased investor activity and rising global expectations played a decisive role in today’s price action.

Mar-a-Lago Event Boosted Market Optimism

One of the main reasons behind the price increase was the major event held on February 18 at Mar-a-Lago in Florida. Organized by the World Liberty Financial project, which is backed by the Trump family, the event created strong expectations among investors. Prominent institutions from the finance and crypto sectors were expected to attend. Executives from Coinbase, BitGo, Nasdaq, Franklin Templeton, and Goldman Sachs were announced as participants. Investor Kevin O’Leary and various global figures were also expected to join. With approximately 300 global leaders attending, expectations of significant announcements fueled optimism and increased demand for WLFI, putting upward pressure on its price.

Whale Purchases Strengthened Confidence

Another critical factor supporting the rally was large-scale buying activity observed in on-chain data. According to blockchain data, a newly created wallet spent approximately $2.75 million USDC in a single transaction to purchase over 21 million WLFI tokens. Additionally, wallets believed to be linked to the project team were seen increasing their holdings. A team-associated wallet receiving around $10 million via Coinbase was interpreted as a sign of strong internal confidence in the project. These developments boosted investor sentiment and added momentum to the upward move.

Surge in Trading Volume and Open Interest

Alongside whale buying, WLFI’s trading volume jumped 120% in the past 24 hours, reaching approximately $242 million. This sharp rise indicates growing global investor interest and intensified market activity. Activity in the derivatives market also increased significantly. Open interest climbed 40% to $250 million. However, funding rates remained negative, showing that some traders continued to bet on a price decline.

As the price accelerated upward, short sellers began facing liquidations, creating additional buying pressure and further amplifying the rally. The closing of short positions triggered a chain reaction, supporting the upward move and increasing volatility. Over the past 24 hours, total liquidations in WLFI reached approximately $1.18 million, with around $770,000 coming from short positions. According to analysts, such short squeeze scenarios — particularly during periods of high leverage — can lead to sharper-than-expected price movements.

Evaluation

WLFI’s sharp price increase was fueled by a combination of major event expectations, whale accumulation, and rising trading volume. Growing global investor interest and the possibility of new announcements suggest that volatility may continue in the short term. Upcoming statements and capital inflows will remain key factors determining the direction of WLFI’s price movement.

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