What to know:
- World Liberty Financial froze numerous wallets, including that of the esteemed Justin Sun, allegedly to shield individuals from phishing malefactors.
- According to onchain data, the decisions of its illustrious investor, Mr. Sun, were as reactive rather than causative of the unfortunate decline in WLFI’s value.
- The cosmic financial decline is attributed by traders to forces akin to a black hole-rampant shorting and unceremonious dumping, not to individual acts.
It appears that World Liberty Financial, akin to a mighty sorcerer deciding the fates of peasants (or in this case, crypto wallets), intervened to freeze the coffers of many, including the lions share of the prominent Herald of Tron, Mr. Justin Sun. But alas, this move was heralded as a protective gesture, to shield the innocent from the lurking dangers of phishing snares and not an attempt to silence the markets.
We’ve been privy to whispers within the community concerning recent actions of freezing wallets. But fear not! We proceed purely in your defense, not to quench the vivacious spirit of the market! 🦅
– WLFI (@worldlibertyfi) September 5, 2025
The ledger of WLFI reveals that approximately 272 wallets have been placed under restrictions, with about 215 implicated in the notorious phishing dealings and 150 through misguided support channels.
The good Sir Sun’s account experienced a bit of an immobilization on Friday, following some minor “dispersion test” transactions amongst his own wallets. A token unlocking event at launch was celebrated, but alas, not a single sale followed. One cannot help but mirthfully observe that these movements of funds appeared to be a dance of selling, much akin to a masquerade ball where the true face is seldom seen.
However, a beacon of clarity emerged from Mr. Alex Svanevik of Nansen, revealing in no uncertain terms through delightful revelations on X that the choreography of Sun’s transactions did not lead the market but followed graciously in its wake.
The saga of Nansen wisdom discloses that the transfers were nascent post the token’s most ferocious plunge, mitigating the notion of causation. Even more intriguing, a rather mundane $12 million WLFI transfer made by an anonymous market placer was observed. Borrowed by HTX’s own fortune, the transaction was a mere pawn in the grand chess game compared to the daily movements of well over $700 million.
Once the tokens graced the halls of Binance, surrounding their fate-were they sold, or held like a secret tryst-became a tale untold.
Thus, the collective wisdom of market attendees conspiratorially attributed WLFI’s descent to grand acts of widespread shorting and dumping by anonymous participants across exchanges.
The recorded onchain events whisper the tale of BitGo transferring to Flowdesk-a celestial event heralding WLFI’s downward spiral-corralling the thoughts of many a market dweller.
As for the aftermath, the decisions of WLFI sparked discussions among whale-like figures, desk-jockeys, and unnamed clerks, provoking fear of their own digital riches being unjustly seized by decree.
“If they dare meddle with Sun, upon whose heads might the storm next descend?” The air was thick with this question, murmured amongst the elite.
At present, WLFI deigns to cling at $0.18, as reported by CoinGecko, humbled by 40% since its grand debut.
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2025-09-06 11:53