World Liberty Financial transferred 25.729 million WLFI tokens worth approximately $1.4 million to the Gate exchange, renewing concerns about persistent distribution pressure. The token had previously surged more than 30% in a single day before reversing lower. On Binance Futures, short positions represent 55.36% versus 44.64% long positions, with a long/short ratio of 0.81, reflecting dominant bearish sentiment among traders. The price is currently testing support at $0.0516 while buyers attempt to defend this key level, with immediate resistance at $0.0632.
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