Sun Unlocks $178M WLFI, Total Holdings Hit 30B
Tron founder Justin Sun has unlocked his 20% tranche of WLFI tokens, moving 6 billion tokens worth $178 million to his wallet, according to Arkham Monitor on-chain data. A 10 WLFI test transfer confirms the first unlock. This raise brings his total WLFI holdings to 30 billion tokens (roughly $891 million). In a tweet, Sun reaffirmed his confidence in WLFI, calling it a key project in the crypto space and declaring he has no plans to sell these tokens. Traders should watch the WLFI unlock schedule, Sun’s concentrated stake and his bullish outlook. These factors could enhance WLFI liquidity and influence price volatility.
Bullish
Sun’s on-chain unlock of 6 billion WLFI tokens (20% tranche) and his public commitment not to sell signal strong long-term support. The test transfer confirmed the move, while Arkham Monitor data and his bullish tweets can boost market confidence. In the short term, unlocked supply may pressure WLFI, but Sun’s high concentration and positive stance should enhance liquidity and underpin price gains over time.