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Again, a strange transaction caught my eye.
At 18:09, a certain compliant platform received two consecutive WLFI deposits—totaling 46.14 million tokens, equivalent to $7.09 million.
Let's look at the numbers:
First deposit: 23.07 million tokens ($3.54 million)
Sender: An anonymous wallet starting with 0x0dBd
Second deposit: Also 23.07 million tokens (another $3.54 million)
Sender: Another address starting with 0x6597
The amounts are identical. The timings are almost synchronized.
This isn't retail investors playing around.
Retail investors wouldn't time their transfers to the second, split across two wallets, with identical amounts. This kind of operation clearly indicates the same trader coordinating—either an institution or a large holder executing structured transfers.
So, the question is: why transfer into a CEX?
The most straightforward explanation: preparing to sell.
Over $7 million worth, two large deposits flooding into the exchange—either OTC offloading or placing sell orders to reduce holdings. Especially since WLFI has been quite volatile recently, this kind of concentrated inflow is likely to put short-term pressure on the price.
Don't say I didn't warn you.