WLFI officially launched, Sun Yuchen received 600 million unrealized gains exceeding 100 million USD, stating there are no plans to sell.

The cryptocurrency market has fallen by 0.11% in the past 24 hours, with Bitcoin (BTC) rising 0.99% in the last 24 hours, reaching $109,194 before the deadline, while Ether (ETH) has fallen to $4,305. Against the backdrop of macro uncertainty in September, capital is shifting from high beta alts to Bitcoin. The native token (WLFI) of the Trump family's DeFi project World Liberty Finance was unlocked for spot trading last night, with its market capitalization approaching $10 billion at one point. Sun Yuchen received 600 million WLFI, making over a hundred million dollars in profit, but he stated there are no plans to sell.

The crypto market is experiencing a widespread fall, with funds shifting towards Bitcoin.

The crypto assets market has fallen by 0.11% in the past 24 hours, reflecting a risk-averse sentiment, as Bitcoin (BTC)'s dominance has slightly increased, while Ether (ETH) has seen a significant decline, with alts performing poorly. The Fear and Greed Index has dropped to 39, indicating a cautious attitude among traders.

The market capitalization of BTC slightly increased to 57.8, while the market capitalization of ETH decreased to 13.8%. The overall market capitalization of alts dropped to 28.3%.

Against the backdrop of macroeconomic uncertainty in September, capital is shifting from high-beta alts to Bitcoin. Before the deadline, BTC rose to $109,194, with a 24-hour increase of 0.99%, while ETH fell to $4,305, with a decrease of 1.68%.

WLFI unlocks Spot trading, with market capitalization approaching 10 billion USD at one point.

The Trump family's DeFi project World Liberty Finance's native token (WLFI) started spot trading on the exchange last night. According to data from CoinMarketCap, WLFI opened and surged to $0.3998, with a market capitalization nearing $10 billion.

WLFI reported at $0.2360 before the deadline, with a market capitalization of $5.83 billion, ranking 25th in the crypto market capitalization leaderboard.

Sun Yuchen received 600 million WLFI, making a profit of over 100 million.

Early investors have made significant profits, and Tron founder Justin Sun is one of the largest independent investors in WLFI. According to on-chain data, after the unlocking yesterday, Justin Sun received approximately 600 million WLFI. If calculated at the first round presale price of $0.015,

Opening high point 0.3998 USD calculation: profit reaches 230 million

Price before the deadline is calculated at 0.2360 USD: profit reaches 130 million.

However, Sun Yuchen also issued a statement last night, stating that he has no plans to sell the unlocked tokens.

This article WLFI is officially listed, and Sun Yuchen has received 600 million floating profits worth over 100 million dollars, stating that there are no plans to sell. It first appeared in Chain News ABMedia.