WLFI 3.58B Transfer to BitGo Signals Institutional Custody — Monitor for Liquidity Event
I see a meaningful institutional step for WLFI: 3.58B WLFI was moved from the project multisig to BitGo, the largest single transfer in nearly seven months. Coupled with ALT5 Sigma’s earlier $1.50B private placement (≈7.5B tokens), this suggests organized treasury and custody activity rather than casual trader movement.
This transfer likely reflects institutional onboarding and a formal treasury strategy that can improve credibility, custody security and potential liquidity for WLFI. However, the move to a custodian can also precede trading or rebalancing, so the market impact is not guaranteed.
I’m watching on-chain flows and any subsequent transfers from BitGo or announcements about token unlocks or trading plans; those will determine whether this is a durable positive for price or a precursor to selling pressure.
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