Nansen CEO: Using AI to check WLFI transaction timestamps revealed that Justin Sun did not crash the market
2025-09-07 09:28
According to Odaily Planet Daily, Alex Svanevik, CEO of Nansen, an on-chain analytics platform, posted on the X platform that his AI Research Agent initially suggested Justin Sun was dumping WLFI. However, a subsequent review of WLFI transaction timestamps revealed that Sun was not dumping the stock. Furthermore, Svanevik noted that the relevant transfers occurred after a significant drop in WLFI, and therefore were not the primary cause of the price drop. Furthermore, based on the percentage of total network trading volume that day, they likely did not have a substantial impact on market price trends.
