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WLFI Price Eyes Rebound as Whales Continue Aggressive Accumulation

WLFI Whales Remain Interested

World Liberty Financial (WLFI) trades close to $0.21 at press time, down almost 12% prior to now 24 hours. From its launch peak of $0.33 on September 1, the WLFI value has now corrected by roughly 37%.

At first look, this may occasionally look like a token underneath strain. However, on-chain knowledge and liquidation maps reveal a extra nuanced story. Whales proceed so as to add closely, and whereas quick bets dominate derivatives markets, the ultimate liquidation clusters present a key degree the place WLFI might bounce again.


Whale Buying Stays, But Dip Buying Slows Down

Even throughout WLFI’s sharp decline, whale wallets have expanded their holdings. Over the previous 24 hours, whale balances jumped 43.42%, rising from 79.01 million WLFI to 113.31 million WLFI.

This means whales added about 34.30 million tokens, price almost $7.2 million at current WLFI prices.

WLFI Whales Remain Interested
WLFI Whales Remain Interested: Nansen

The shopping for explains why the Chaikin Money Flow (CMF) — a measure of whether or not cash is broadly flowing in or out of a token — nonetheless reads strongly constructive close to +0.17.

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WLFI Inflows Intact: TradingView

In easy phrases, as lengthy as CMF is above zero, it exhibits that giant buyers are nonetheless sending cash into WLFI.

At the identical time, the Money Flow Index (MFI) — which compares buying and selling quantity with value to indicate whether or not dips are being purchased or bought — has been sliding decrease on the 2-hour chart.

WLFI Dip Buying Takes A Hit
WLFI Dip Buying Takes A Hit: TradingView

The drop alerts that smaller merchants will not be shopping for dips. Instead, whales look like shopping for at virtually any degree, which retains the broader inflows alive however reduces short-term rebound power.


Liquidation Map Points To A Key Support

Most of the lengthy positions have already been worn out within the current drop. Only about $4 million in lengthy liquidations stay, whereas quick positions stack as much as greater than $30 million. The imbalance means the market is leaning closely quick.

WLFI Liquidation Map: Coinglass

The final main liquidation cluster for longs is at $0.18, which now serves as a vital assist zone. This degree is made extra essential as a result of it aligns with assist already seen on the worth chart.

Together, these knowledge factors recommend that if WLFI drops to $0.18, patrons might step in strongly and spark a rebound. And that rebound might need power contemplating the stacked quick liquidations.

This units the stage for the way the WLFI price structure itself appears proper now.


WLFI Price Action Holds The Rebound Zone

WLFI now trades simply above $0.20, a degree examined as short-term assist, per the 2-hour chart. If the token holds this base, momentum from whale shopping for might carry it again towards $0.22, the subsequent key resistance.

Crossing $0.22 may prime the WLFI value for $0.24 and past.

WLFI Price Analysis: TradingView

The alignment of the $0.18 liquidation cluster with chart-based assist reinforces why that is seen as the rebound zone. If WLFI holds $0.20 and avoids breaking $0.18, the setup favors a bounce. But if it fails these ranges, the bearish pattern might lengthen additional.

The put up WLFI Price Eyes Rebound as Whales Continue Aggressive Accumulation appeared first on BeInCrypto.

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