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🚨 yo, $WLFI got hit HARD with a $190M dump, can a $7M buyback save their sorry butts
wait, WLFI dropped 25% from a $190 million selloff 📉?? can a $7 million buyback really fix this
lmfao WLFI more like WLF-Bye…$190 million dump got the holders crying more than a breakup text, but can a
Key takeaways 📉: WLFI experienced a 25% drop due to a $190 million selloff & declining open interest to $300 million, leading to cascading liquidations. The market decline impacted World Liberty Finance significantly, prompting a major holder to cash out. Traders awaited reactions as a rebound was attempted.
Sales impact ⛓️: The market reaction to WLFI’s fall was intense, with both spot and derivatives investors contributing to the slowdown. Open interest dropped sharply to about $300 million, with significant outflows from centralized exchanges. Long liquidations outweighed short ones, indicating bearish control.
Recovery efforts 💸: To prevent further decline, the token’s team initiated a buyback. Despite this, community sentiment remains negative, with decreasing bullish investor sentiment. The future of WLFI depends on market dynamics, and without increased demand, further losses are possible. Source: CoinGlass.
Decoding WLFI’s Collapse – Can a $7 Million Buyback Undo a $190 Million Dump?
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