WLFI Plummets: $23M in Panic Sells 🤑💨

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World Liberty Financial (WLFI), the plucky upstart of the crypto world, has taken a nosedive deeper into the financial abyss. Trading at a measly $0.187, it’s shed nearly 20% in the past 24 hours-a feat as impressive as a wizard losing his hat in a hurricane. 🧙‍♂️🌪️

The charts, those fickle harbingers of doom, and the on-chain data (which sounds like something a dwarf would mine for) both point to one thing: the sellers are having a jolly old time while the buyers cower in the corner. 📉💔

Sell Pressure: The Floodgates Open 🌊💸

Over the past day, a staggering $23 million in WLFI has stampeded onto exchanges, like lemmings rushing toward a cliff. This explains why the price cracked below $0.20 faster than a poorly made pie crust. 🥧💥

Let’s dissect this financial autopsy, shall we?

  • Smart money balances? Down 2.8%. Even the quick-flip traders are fleeing like rats from a sinking ship. 🐀🚢
  • Public figure addresses? Slightly down. Influencers are backing away faster than a vampire from garlic. 🧛‍♂️🧄
  • Whale balances? Up 0.43%. But let’s be honest, their impact is about as significant as a flea on an elephant. 🐋🐜

Even the top 100 addresses increased their holdings by 0.25%, hoarding 98.39 billion WLFI. But with a distribution score of 5-where the bigwigs control 96% of the supply-this is likely just internal shuffling, like rearranging deck chairs on the Titanic. 🛳️🎲

Still Singing the Blues 🎶💔

The technicals are as cheerful as a funeral march. The Parabolic SAR (Stop and Reverse), a trend-following indicator that flips like a pancake, has stayed firmly above the candles since September 2. 🥞📈

On that fateful day, WLFI briefly danced above the SAR line, sparking a rally as fleeting as a mayfly’s life. Since then, the price has been capped beneath SAR, a clear sign the downtrend is as stubborn as a mule. 🐴🚫

Unless WLFI price reclaims higher levels, traders will keep selling into every bounce like seagulls swooping on chips. 🍟🐦 From the latest swing high near $0.23, the critical level to watch is $0.18. A breakdown below that, and we’re looking at fresh lows-a financial freefall. 🪂💸

On the flip side, reclaiming $0.20 is the first glimmer of hope, with $0.21 as the next checkpoint for a recovery. But let’s not hold our breath-WLFI looks as fragile as a glass hammer right now. 🛠️💥

With exchanges still drowning in inflows and Smart Money trimming positions, the bears are firmly in the driver’s seat. Buckle up, it’s going to be a bumpy ride. 🚗💨

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2025-09-04 16:22