WLFI Unlock Contract address holds $1.19 billion in WLFI, team-linked address transfers $55.57 million in WLFI within 24 hours

Odaily reports that according to on-chain analyst Ai Yi's monitoring, the WLFI team-linked address has transferred 833 million WLFI, worth $55.57 million, to the Unlock Contract (0x74B...9583) in batches over the past 24 hours. The funds originated from the WLFI multi-sig and Strategic Reserve addresses. This receiving address currently holds 17.82 billion WLFI, with a total value of $1.19 billion. It remains uncertain whether this is related to the proposal passed last week to unlock 62.2 billion WLFI tokens after two years. Over the past ten days, WLFI has risen from a low of $0.0512 to a high of $0.0763, a maximum increase of 49%, and is currently priced at $0.0672.