Before being blacklisted by WLFI, Justin Sun's address had previously transferred out 50 million WLFI tokens, with a remaining balance of 545 million tokens worth $102.3 million.
BlockBeats News, September 5th, according to Arkham data, the Justin Sun-related address currently holds a total of 545 million WLFI tokens, worth $102.3 million. The most recent transaction was 14 hours ago, transferring out 50 million WLFI tokens to an undisclosed destination address. This morning, World Liberty blacklisted Justin Sun's address, freezing 545 million unlocked tokens and 2.4 billion locked tokens. In response to this incident, Justin Sun stated, "Our address only conducted some general transactions for exchange recharge testing with very low amounts, followed by an address dispersion. There was no buying or selling involved, and it cannot have any impact on the market."
According to HTX market data, following this morning's event of "WLFI blacklisting Justin Sun's address," WLFI has experienced a slight rebound to $0.189, with a market cap currently standing at $46.5 billion and a 24-hour decrease narrowed to 13.8%.
Justin Sun has always been one of the biggest supporters of World Liberty and the TRUMP token, being appointed as an advisor to World Liberty and purchasing $75 million worth of WLFI tokens. He had also previously pledged to buy $100 million worth of TRUMP tokens. As one of the largest holders of TRUMP tokens, Justin Sun attended a dinner hosted by former President Trump earlier this year.
You may also like

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents

Consumer application issues

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish

Legendary investor Naval: In the AI era, traditional software engineers have no value?

More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani

Key Market Insights on March 2nd, how much did you miss?

How to systematically track high-performing addresses on Polymarket?

From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?

PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm

US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…

Crypto VC Paradigm Plans $1.5 Billion Expansion into AI and Robotics
Key Takeaways: Paradigm is setting up a new $1.5 billion fund to explore AI, robotics, and other emerging…

Ethereum Smart Accounts Set to Launch Within a Year, According to Vitalik Buterin
Key Takeaways: Ethereum’s “account abstraction” or smart accounts might be introduced in the coming year through the Hegota…

Bitcoin Recovers After Iran Conflict Shocks Market, Reverses $5K Fall in Just 24 Hours
Key Takeaways: Bitcoin dropped to approximately $63,000 amid tensions but rebounded to $68,200 within a day. Volatility led…

Former Mt. Gox CEO Suggests Hardfork to Retrieve $5.2 Billion in Bitcoin
Key Takeaways: Mark Karpelès, former CEO of Mt. Gox, proposes a Bitcoin network hard fork to access nearly…

South Korea National Tax Service’s Mistake Resulted in $4.8 Million Crypto Loss
Key Takeaways South Korea’s National Tax Service inadvertently exposed private keys, resulting in a $4.8 million crypto loss.…

Morgan Stanley Seeks National Trust Charter for Cryptocurrency Custody
Key Takeaways: Morgan Stanley has initiated a significant step toward digital asset management by applying for a national…

Solana Price Outlook: Major ETF Inflows Hint at Institutional Moves
Key Takeaways: Solana has experienced substantial ETF inflows, prompting speculation about institutional buy-in. On February 25, Solana recorded…

Bitcoin Price Prediction: Wikipedia Founder Warns BTC Could Plunge Below $10K — Should Investors Worry?
Key Takeaways Wikipedia co-founder Jimmy Wales warns Bitcoin might decline to below $10,000, prompting a bearish outlook. Wales…