WLFI Unlock Spurs Volatility with $3.5B Pre-Market Volume
Crypto traders are bracing for heightened market volatility as the WLFI token unlock goes live. At 8 a.m. ET, 20% of presale tokens become claimable via a Lockbox system, following the transfer of 17.6 billion WLFI tokens from the main multisig wallet.
In advance of the WLFI token unlock, derivatives traders drove pre-market volumes up 563% to $3.54 billion across exchanges. If WLFI’s pre-market price of $0.30 holds post-launch, the fully diluted valuation would exceed $30 billion, placing it among the largest crypto projects by market cap.
Fueled by over $700 million raised in presales and $1.5 billion from a Nasdaq-listed partner, WLFI’s treasury could support price bids. “Even a fraction of that capital could push WLFI to $1,” noted WeRate founder Quinten Francois on X, underscoring bullish sentiment.
Key takeaways for crypto traders:
• WLFI token unlock triggers substantial market volatility.
• Pre-market derivatives trading volume jumped to $3.54 billion.
• Fully diluted valuation could top $30 billion at $0.30.
• Strong treasury backing may fuel upward price momentum.
Bullish
The WLFI token unlock event has galvanized traders, with pre-market derivatives volume surging 563% to $3.54 billion—an indicator of strong speculative interest. Historically, large unlocks can trigger short-term sell pressure and sharp price swings, as seen during major unlocks like Filecoin’s post-ICO releases. However, WLFI’s robust treasury—backed by over $700 million in presales and $1.5 billion from a Nasdaq-listed partner—provides a financial buffer to support bid liquidity.
Short-term impact: Expect heightened volatility around the unlock as claimable tokens hit the market. Price spikes are likely, driven by derivatives traders and liquidity providers.
Long-term outlook: If WLFI maintains momentum above $0.30 and leverages its treasury for buy-backs or strategic partnerships, the fully diluted valuation could exceed $30 billion, reinforcing bullish fundamentals. Continued strong on-chain activity and proactive treasury management will be critical to sustaining upward price trends.