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A newly identified whale accumulated 60.87 million World Liberty Financial [$WLFI] worth approximately $3.55 million from Binance over the past two days, drawing attention to a market that has spent months under sustained pressure.
The withdrawals occurred at an average acquisition price of $0.058, placing the buyer near current trading levels rather than chasing strength. Such positioning suggested confidence despite $WLFI remaining within a broader downtrend.
In addition, the movement removed a notable amount of supply from exchange circulation, reducing the quantity immediately available for sale.
While one transaction rarely changes market structure on its own, large withdrawals often reveal conviction among sophisticated participants, especially when they emerge near historically depressed price zones.
Exchange balances keep shrinking
Beyond the whale activity, exchange flow data continued reinforcing the accumulation narrative. $WLFI recorded a daily netflow of -$122.05K, indicating that more tokens left exchanges than entered them.
The figure extended a broader trend of negative Netflows that has persisted across recent weeks. As a result, traders have continued moving tokens into private wallets rather than positioning them for immediate sale.
Although the outflow figure remained modest compared to historical spikes, it aligned closely with the whale withdrawal event.
Market participants therefore witnessed both a large individual accumulation and broader exchange outflows occurring within the same period.
If that behavior continues, available exchange supply could tighten further and reduce short-term selling pressure.
Can $WLFI escape its descending channel?
$WLFI price action remained technically constrained despite signs of improving conditions beneath the surface. The coin continued to trade inside a multi-month descending channel that has guided the broader downtrend since February.
However, buyers successfully defended the key $0.0568 support zone, preventing a deeper decline and helping price stabilize near $0.0591. The first major resistance remained at $0.0758, while the psychologically important $0.10 level continued acting as a larger recovery target.
Meanwhile, the Relative Strength Index climbed to 40.34 at press time, after recovering from oversold conditions, indicating that bearish pressure had eased compared to previous weeks. Although RSI remained below the neutral 50 threshold, its gradual rise suggested improving market strength.
If buyers maintain control above support, $WLFI could attempt a move toward higher resistance levels within the channel before challenging a broader trend reversal.
Bulls keep paying to stay positioned
Derivatives data revealed a cautiously optimistic stance among leveraged traders.
At the time of writing, $WLFI’s OI-Weighted Funding Rate remained positive at 0.0058%, indicating that long-position holders continued paying a premium to maintain exposure. Positive funding generally reflect stronger demand for long positions than short positions.
Unlike previous periods that showed sharp swings between bullish and bearish positioning, recent readings remained consistently positive. The pattern suggested traders anticipated higher prices despite the ongoing downtrend. Nevertheless, derivatives sentiment alone rarely determines direction.
For that reason, investors would likely monitor whether positive funding continues alongside exchange outflows and whale accumulation. If those conditions remain aligned, bullish conviction could strengthen further across the market.
Is $WLFI building a recovery base?
Several metrics have started leaning in $WLFI’s favor despite the broader downtrend remaining intact.
Whale accumulation, negative exchange Netflows, improving RSI conditions, and positive funding rates have all pointed toward growing buyer interest.
If support at $0.0568 continues holding, $WLFI could attempt a move toward $0.0758. However, reclaiming higher resistance levels would remain necessary before a larger trend reversal gains credibility.
Final Summary
- Whale accumulation and exchange outflows suggest selling pressure has continued easing.
- $WLFI has held support while bullish funding reflected growing trader confidence.