WLFI multi-signature address transferred 3.58 billion WLFI tokens to Bitgo 3 hours ago.

BlockBeats News, August 16th, According to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the WLFI multi-signature address transferred 3 hours ago to BitGo 3.58 billion WLFI, the largest single transaction in nearly 7 months.

It is reported that BitGo serves as the custodian of the USD1 reserve and provides key brokerage services for liquidity and institutional trading. This transfer appears to be WLFI's first transfer of WLFI assets to BitGo.

Previously, ALT5 Sigma announced a $1.5 billion private placement to launch the WLFI treasury strategy, acquiring 7.5% of the token's total supply at $0.2 (approximately 7.5 billion tokens). It is uncertain whether it is related to this event.