A whale bought $1.12 million WLFI before the mainnet launch.

A "whale" just spent 248 ETH ( equivalent to 1.12 million USD) to buy 6.95 million meme coins linked to World Liberty Financial (WLFI), as the project is preparing to launch its mainnet in 5 days, according to on-chain data from Lookonchain. This transaction was conducted through a newly created wallet (0x8C43) about 6 hours ago, indicating increasing expectations for WLFI – a DeFi platform backed by the Trump family, focused on lending, borrowing, and USD-pegged stablecoins like USD1.

These meme coins, which are speculative in nature and inspired by the project's branding, are witnessing increased activity as WLFI approaches the time for token transfers and trading launch on September 1st. Built on Ethereum, this platform has raised over 550 million USD from token sales since October 2024, affirming its position as a key bridge between traditional finance and DeFi.

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