WLFI Soars 50% Amidst Potential ETH Short Squeeze

WLFI is experiencing a remarkable surge, increasing by 50% in value, according to founder Yi Lihua of Liquid Capital. This rapid growth is attributed to aggressive buybacks implemented by the company, which aligns with larger DeFi lending agreements such as those with Aave. Meanwhile, market observers anticipate that Ethereum might be facing pressures from institutional short positions, potentially leading to a short squeeze event. ]