February 24 News: World Liberty Financial (WLFI) has fallen about 8% in the past 24 hours, weakening after breaking below the key $1 level. Previously, WLFI was forming a bullish cup-and-handle pattern, but recent price fluctuations have been mainly driven by leverage liquidations rather than long-term investor selling.
On-chain data shows that WLFI’s largest holder wallet has increased its holdings from 8.23 billion to 8.56 billion tokens since February 19, adding about 330 million tokens, worth approximately $35 million. This indicates that whales have been actively accumulating during the price decline, reflecting confidence in a future recovery. Meanwhile, exchange inflows have dropped from 128 million to just 8.9 million tokens, a nearly 93% decrease, suggesting retail investors are less willing to sell.
From a technical perspective, WLFI’s key resistance is at $0.125. Breaking above this level could confirm the cup-and-handle pattern and potentially push the price toward $0.166. If buying pressure persists, there is even a chance to reach $0.200. On the downside, falling below $0.101 would weaken the pattern, and dropping below $0.095 would completely invalidate the bullish outlook. The Relative Strength Index (RSI) previously showed a hidden bearish divergence, indicating short-term rebounds might be limited, but current market sentiment has recovered from lows, and panic is gradually subsiding.
This decline is related to the Silvergate Bank incident from February 16-18, where after a short-term 32% rally, leveraged longs were liquidated, intensifying the short-term correction. Nonetheless, whale accumulation and reduced retail selling provide support, and the market remains at a critical juncture.
Overall, WLFI’s short-term trend depends on whether buying can rebuild confidence and break through the $0.125 resistance. Success could lead to a technical rebound; if downward pressure continues, breaking below $0.101 or even $0.095 would increase bearish risks. Whale activity and exchange fund flows will be key signals to watch for market recovery and rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Santiment: The surge in active USDT addresses on a certain public blockchain is correlated with the rebound of BTC
Research firm Santiment found that over the past year, when USDT active addresses on a certain public blockchain surged three times, BTC price rebounded each time, indicating that USDT liquidity has a significant impact on BTC price.
GateNews8m ago
PEPE Consolidates Above $0.05324 Support as Momentum Strengthens and Resistance Near $0.05336 Holds
PEPE has a tight intraday price compression with a support level of $0.053243 and resistance level of $0.053363.
A RSI of 64.13 represents the moderate bullish momentum whereas MACD history is slightly positive, which indicates the gradual buying momentum.
The price is at $0.053364
CryptoNewsLand10m ago
Michael Saylor: Strategy - There is a time lag between buying Bitcoin and price appreciation
Gate News reports that on March 12, Strategy founder Michael Saylor posted: "There is a time lag between when we purchase Bitcoin and when the Bitcoin price skyrockets."
GateNews1h ago
Why OXT Just Skyrocketed 21.97% in 30 Minutes
OXT price surged 21.97%, now at $0.0211, driven by macroeconomic trends and increased trading activity. Analysts suggest the bullish sentiment in major cryptocurrencies boosts altcoin interest, while traders watch key resistance and support levels.
Coinfomania1h ago
BTC Rises 0.79% in 15 Minutes: On-Chain Large Capital Inflows and Favorable Macro Policies Drive Market Upswing
2026-03-12 15:15 to 2026-03-12 15:30 (UTC), BTC recorded a +k-line return of 0.79%, with price fluctuating between 69702.5 and 70428.9 USDT, reaching an amplitude of 1.04%. Trading activity was robust during this time window, with noticeably elevated market attention and intensified short-term volatility.
The primary driver of this price movement was on-chain large fund flows and increased institutional participation. During the same period, multiple large transfers exceeding 1,000 BTC flowed into exchange cold wallets, with whale addresses concentrating their buying activities. [Text appears to be incomplete]
GateNews1h ago
ETH 15-minute surge 0.94%: On-chain capital inflows and technical upgrade expectations resonate to drive gains
2026-03-12 15:15 to 2026-03-12 15:30 (UTC), ETH fluctuated within 1.15%, with price rising from 2047.22 USDT to 2070.72 USDT, achieving +0.94% gains. During the same period, market attention increased, trading volume expanded significantly, volatility enhanced compared to daily levels, and on-chain activity and capital flow data expanded synchronously, indicating concentrated efforts from bullish forces.
The main driving forces behind this price movement stem from concentrated on-chain capital inflows and technical upgrade expectations resonance. On-chain data shows that during the anomaly period ETH activity
GateNews1h ago
