Whales investing in the Trump family-linked World Liberty Financial (WLFI) token have incurred millions in losses as the token's price dropped over 40% within days of its launch. Despite a token burn event meant to enhance value by reducing supply, the WLFI token continued its decline, leading to significant sell-offs among large investors. One notable whale, identified as 0x432, lost over $1.6 million by closing a leveraged WLFI long position, having previously secured a $915,000 profit. The selling trend among whales reflects a growing lack of confidence in the token's future. In addition to the struggles faced by WLFI, the Avalanche blockchain has seen a surge in activity, driven primarily by decentralized trading and speculation on emerging memecoins. Meanwhile, decentralized lending protocols have experienced significant growth due to institutional interest in stablecoins and tokenized assets, indicating a broader trend of DeFi expansion in the crypto market. Overall, developments are continuously reshaping the landscape of decentralized finance and cryptocurrency investments.

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