Whale Losses Mount on WLFI Token as Price Plummets

Whales are facing significant losses on the World Liberty Financial (WLFI) token following a dramatic price drop, despite a recent proposal to reduce its circulating supply. The token’s value has plummeted by over 40% since its launch, leaving some major investors with substantial losses. One whale wallet alone suffered over $1.6 million in losses after closing leveraged positions on WLFI, highlighting the volatile nature of the market.