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WLFI Multisig transferred 17.625 billion tokens to a certain contract address, and then transferred back 5 billion tokens

By: theblockbeats.news|2025/09/01 02:11:43

BlockBeats News, September 1st, according to on-chain analyst AI Yii ai_9684xtpa, 2 hours ago, the WLFI official multisig wallet transferred 17.625 billion tokens to contract 0xFef...b14B4, and then transferred 5 billion of them back to the multisig address—this is the largest single-transaction amount for this address in 11 months, and the contract's purpose is still unknown.

A certain contract whale suffered a loss of over $23 million in a week, with their long position of 20,800 ETH liquidated at $4,297.67 per ETH.

In the past 4 hours, a total of $102 million has been liquidated across the entire network, with majority of the liquidations from long positions.