šŖ Why World Liberty Financial $WLFI token price up today?
The Donald Trump family-backed project, World Liberty Financial, has seen itsĀ WLFIĀ token price surge nearly 20% today. As of now, theĀ WLFIĀ price is hovering around $0.1175, giving it a market cap of about $3.13 billion.
While most major coins trade in the red, this sharp rise rasie question among investors: why World Liberty FinancialĀ WLFIĀ token price up today?
šø WhyĀ WLFIĀ token price up today?
One of the biggest reasons behind the World Liberty FinancialĀ WLFIĀ price rally is a high-profile event taking place at Mar-a-Lago, Donald Trumpās Florida resort, on 18th February.
Around 300 global leaders will attend the event. Several experts expect World Liberty Financial (WLFI) to make major announcements today.
WLFIĀ Whale Buying Activity Boosts Investor Confidence
Another key factor supporting theĀ WLFIĀ price surge is aggressive whale accumulation. On-chain data shows that a newly created wallet spent approximately $2.75 million USDC to purchase over 21 millionĀ WLFIĀ tokens in a single transaction.
However, wallets linked to the World Liberty Financial team have also increased their holdings. One team-linked wallet reportedly received $10 million from Coinbase, signaling strong internal confidence in the projectās future.
šø WLFIĀ Trading Volume Jumped 120%,
This increase in whale buying has pushedĀ WLFIĀ trading volume up nearly 120% in the past 24 hours, reaching around $242 million. Rising volume often signals that investors are showing stronger interest in the asset.
At the same time, open interest rose about 40% to roughly $250 million, while funding rates stayed negative. This suggests many traders were betting against the token.
šø Liquidation Add More Pressue On Short seller
As theĀ WLFIĀ price started rising, short sellers closed their positions, creating additional buying pressure.
Over the past 24 hours,Ā WLFIĀ recorded approximately $1.18 million in total liquidations, with $770,000 coming from short positions alone.
