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Justin Sun's Wallet Activity: Blockchain analytics platform Arkham confirmed that Justin Sun shifted $9 million in WLFI to another address, with reports indicating he controls over $100 million in unlocked WLFI, making him one of the largest individual investors in the project.
Market Impact and Price Decline: Following these transfers, WLFI's price dropped over 16% in a single day, despite Sun's claims that the transactions were merely technical tests and not indicative of selling pressure.
