World Liberty Financial, a project backed by the Trump family, was blacklisted after a $9 million transfer of WLFI tokens from Justin Sun wallet. On-chain data shows that the transaction occurred in the early hours of September 5th, during which the price of WLFI plummeted 13.8% over the same 24-hour period.
Justin Sun denied any market impact on the X platform, emphasizing that the address was only used for "routine exchange deposit testing" and the amount involved was minimal. According to his post, these tokens were subsequently distributed and no trading operations were involved. Professional analysts pointed out that this incident once again highlights the sensitivity of whale wallet movements to the cryptocurrency market, and investors should closely monitor the FSA (Fund Flow Analysis) indicator for large transfers.
