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RWA Crypto

Trump-Backed WLFI Team Moves 39M Tokens to Bybit

After a 30-day dormancy, the wallet linked to Trump-backed World Liberty Financial transferred 39 million WLFI tokens, worth $2.33 million, to crypto exchange Bybit. This move may signal renewed activity or potential selling pressure for the token, which is part of the project’s broader DeFi and RWA initiatives.

Original source

AI take

The notable detail is the destination: an exchange deposit, not an internal wallet rotation, which puts the tokens in a venue where they can actually be traded. For a politically branded project, that distinction carries extra weight, since token movements by insiders are read as signals about conviction regardless of intent. Whether this proves routine treasury management or the start of sustained distribution is the open question, and the follow-on flows from the same wallet are what would settle it.

Generated by AI for reference only.

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