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WLFI token faces selling pressure as large transfers weigh on market confidence near key support.

Market News
28 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

World Liberty Financial transferred 25.729 million WLFI tokens worth about $1.4 million to Gate, renewing concerns over persistent selling pressure. This transfer followed a brief 30% price surge that quickly reversed, showing large token movements continue to undermine market confidence. Despite the selling, WLFI held above key support around $0.0550, with buyers defending this level but overall conviction remains weak. Futures data shows bearish traders dominate, but the market could see volatility and potential reversals if buying strengthens. WLFI's price will likely continue ranging unless it decisively breaks above $0.0632 for a stronger recovery.

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