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Whale buys $3.55M WLFI, easing selling pressure amid downtrend and growing trader confidence.

Technical Signals
01 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

A whale recently acquired 60.87 million WLFI tokens worth about $3.55 million from Binance, signaling confidence despite WLFI's ongoing downtrend. This large purchase, combined with continued token outflows from exchanges and improving technical indicators like RSI and positive funding rates, suggests easing selling pressure and growing buyer interest. If WLFI holds support at $0.0568, it may attempt to rise toward resistance levels around $0.0758, potentially setting the stage for a broader recovery if bullish conditions persist.

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