Analysis: XPL hedging sniper trader is the largest individual holder of WLFI
[Analysis: XPL Hedging Sniper Trader is the Largest Individual Holder of WLFI] According to Jinse Finance, on-chain analyst Ai Yi has monitored and confirmed the identity of the largest individual holder of the WLFI token. Today, Arkham labeled the address moonmanifest.eth as belonging to XPL hedging sniper trader Techno Revenant. This address participated in the first round of the WLFI public sale 7 months ago, investing $15 million (including 13 million USDC and 2.01 million USDT), and currently holds 1 billion WLFI, accounting for 1.0007% of the total token supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chinese developer Seazen plans to tokenize debt
Afraid to buy tokens, does WLFI token-stock still have a chance?
Trump: Crypto should be traded, and stocks should also be sold.
Convano’s $3 Billion Bitcoin Treasury Play: A High-Risk, High-Reward Macro Bet in a Weak Yen Environment
- Japanese firm Convano Inc. is allocating $3B to Bitcoin, aiming to hedge against yen depreciation and near-zero interest rates by acquiring 21,000 BTC (0.1% of total supply) by 2027. - The leveraged strategy mirrors moves by Metaplanet and MicroStrategy, using equity/debt financing to accelerate crypto accumulation amid Japan's 260% debt-to-GDP ratio and 15% yen depreciation in 2025. - Critics warn of "death spiral" risks: a 30% BTC price drop could erase $900M from Convano's investment, triggering force
BitMine’s 5% Ethereum Supply Play: A New Sovereign Put for Institutional Crypto Exposure
- BitMine Immersion targets 5% of Ethereum's supply ($8.8B) to create a "sovereign put" mechanism stabilizing ETH prices and enhancing institutional utility. - The strategy combines staking yields (4-6% annualized) and a $24.5B equity program to generate compounding treasury growth through a flywheel effect. - Weekly ETH purchases (~190,500 tokens) reinforce Ethereum's deflationary dynamics, reducing downside risk for holders and boosting institutional confidence. - Post-2025 regulatory clarity and Ethereu
Trending news
MoreCrypto prices
More
