Whale short on $WLFI showing early profit.

WLFIUSDT
Löpande
0.1129
-6.07%
Position ≈ $1M notional at 5x cross.
Size ~8.48M WLFI short, entry ~0.121.
Currently +$16K, liquidation far above ~0.74.
This is low leverage positioning, not momentum aggression. The trader likely entered near local highs expecting distribution or fade rather than immediate collapse.
With 5x and wide liquidation, this is a patience trade.
If WLFI fails to reclaim entry zone, downside pressure builds.
If price pushes back above 0.12–0.13, thesis weakens.
Structure favors gradual fade, not squeeze.