Whales, or large crypto investors, have faced substantial losses in the Trump family-affiliated World Liberty Financial (WLFI) token, which has dropped over 40% since its launch. Despite a significant token burn aiming to increase value by reducing circulating supply, the WLFI token continued to decline. From over 85,000 pre-sale participants, 60% remain holding while 29% sold out. One investor lost $1.6 million after closing a profitable position, indicative of wavering confidence among whales. Other major players in the market are also divesting, signaling a decline in outlook for the token. Concurrently, Avalanche blockchain has seen growth in decentralized trading activities amid whale speculation on emerging memecoins, highlighting the evolving landscape in crypto. Furthermore, DeFi lending protocols have surged by 72% this year, driven by institutional interest, enhancing liquidity in the crypto ecosystem. The article also outlines the ongoing developments with projects like Mantle 2.0 and Venus Protocol's user recovery efforts amid evolving DeFi challenges, reflecting the dynamic nature of the space.

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