World Liberty Financial moved 156.31 million WLFI tokens valued at approximately $8.06 million to Binance, Gate.io, Coinbase, and MEXC. The transfer, confirmed by onchain data, raised questions about renewed selling pressure on the token.
The deposit came as WLFI struggled to maintain momentum, with bearish pressure limiting recovery attempts. In contrast, broader market activity showed continued spot outflows, with the token registering over 10 consecutive days of net withdrawals from centralized exchanges. As of reporting, WLFI recorded $136.45K in net outflows, according to CoinGlass data.
Technical Breakdown Below Key Level
WLFI broke below $0.0538, losing the lower boundary of its consolidation range. At the time of reporting, the token traded around $0.0517, bringing the $0.0500 support level into focus.
Technical indicators reflected sustained downside pressure. The Relative Strength Index declined to 33.97, below its 42.14 moving average, suggesting weakening buying strength as the indicator approached oversold territory. The MACD indicator reinforced the bearish outlook, with its line falling to −0.0012, below the −0.0008 signal line.
Liquidity Clusters Signal Price Targets
Liquidation data from Binance revealed significant liquidity concentrations that could influence near-term price movements. Overhead, notable liquidity clusters appeared around $0.0523, $0.0533, and $0.0543. Downside liquidity concentrated around $0.0511 and $0.0502, aligned closely with the critical $0.0500 support level.
Despite continued spot outflows typically reducing immediate selling pressure, WLFI remained vulnerable. The combination of exchange deposits, bearish technical indicators, and derivative market structure suggested further downside risk toward the $0.0500 level.
