WLFI Value Plummets Following Blacklisting of Justin Sun's Wallet

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Sep 05 2025

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.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

WLFI Value Plummets Following Blacklisting of Justin Sun's Wallet

About the author

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