prime source liquidation - WLFI Token Hits All-Time Low with 83% Drop
Donald Trump-backed World Liberty Financial platform’s native token WLFI fell to its all-time low of 0.07714 dollars on Saturday. According to CoinMarketCap data, the token is currently trading at 0.08 dollars, down 83% from its September peak of 0.46 dollars, and lost 3.01% in value over the last 24 hours. The drop was triggered by wallets associated with the project depositing approximately 5 billion WLFI tokens as collateral on the decentralized lending platform Dolomite and borrowing 75 million dollars in USD1 and USDC stablecoins in return.
WLFI token down 65% over the past year. Source: CoinMarketCap
WLFI Under Pressure with 5 Billion Tokens as Collateral on Dolomite
According to Arkham on-chain data, more than 40 million of the borrowed amount was transferred to Coinbase Prime. This large collateral position has raised liquidation risk concerns among DeFi analysts. According to the WLFI detailed analysis page, the current price is trading below EMA 20 ($0.0838) and Supertrend is giving a bearish signal.
Source: Ethan DeFi
WLFI Technical Analysis: RSI in Oversold Region
Despite RSI at 29.98 being in the oversold region, the downtrend continues. Strong supports at S1 $0.0763 (83/100 score, Fibonacci and Donchian sourced) and S2 $0.0730 (52/100). Resistances at R2 $0.0783 (+1.29%) and R1 $0.0850 (+9.96%, Ichimoku and Swing High). In the near term, WLFI futures could increase volatility.
World Liberty Financial Denies Liquidation Risk
World Liberty Financial tried to calm concerns on social media by stating that their positions are well above liquidation levels and defended the strategy as helping to generate stablecoin yield. The project also announced it will propose a governance proposal including a phased unlocking program for WLFI tokens held by early retail buyers. Related tokens like ARKM and PRIME are also under pressure.
Recommendations for WLFI Investors
- Watch S1 support: If broken, sharp drop to S2 possible.
- RSI recovery could test R1 resistance.
- Monitor on-chain movements, could trigger liquidation.
Crypto Research Analyst:Michael Roberts
Blockchain technology and DeFi focused
This analysis is not investment advice. Do your own research.
Source: https://en.coinotag.com/wlfi-token-hits-all-time-low-with-83-drop
This detailed match analysis covers key moments, player performances, and tactical insights.
Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.