February 24 News: World Liberty Financial (WLFI) has fallen about 8% in the past 24 hours, weakening after breaking below the key $1 level. Previously, WLFI was forming a bullish cup-and-handle pattern, but recent price fluctuations have been mainly driven by leverage liquidations rather than long-term investor selling.
On-chain data shows that WLFI’s largest holder wallet has increased its holdings from 8.23 billion to 8.56 billion tokens since February 19, adding about 330 million tokens, worth approximately $35 million. This indicates that whales have been actively accumulating during the price decline, reflecting confidence in a future recovery. Meanwhile, exchange inflows have dropped from 128 million to just 8.9 million tokens, a nearly 93% decrease, suggesting retail investors are less willing to sell.
From a technical perspective, WLFI’s key resistance is at $0.125. Breaking above this level could confirm the cup-and-handle pattern and potentially push the price toward $0.166. If buying pressure persists, there is even a chance to reach $0.200. On the downside, falling below $0.101 would weaken the pattern, and dropping below $0.095 would completely invalidate the bullish outlook. The Relative Strength Index (RSI) previously showed a hidden bearish divergence, indicating short-term rebounds might be limited, but current market sentiment has recovered from lows, and panic is gradually subsiding.
This decline is related to the Silvergate Bank incident from February 16-18, where after a short-term 32% rally, leveraged longs were liquidated, intensifying the short-term correction. Nonetheless, whale accumulation and reduced retail selling provide support, and the market remains at a critical juncture.
Overall, WLFI’s short-term trend depends on whether buying can rebuild confidence and break through the $0.125 resistance. Success could lead to a technical rebound; if downward pressure continues, breaking below $0.101 or even $0.095 would increase bearish risks. Whale activity and exchange fund flows will be key signals to watch for market recovery and rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polkadot’s AltRank Exploded to #1 While $DOT Price Stayed Down – The Signal Was There Weeks Ago
Something interesting has been happening with Polkadot, and most people probably missed it.
While the DOT price has been sitting relatively low compared to its all-time highs, another metric was quietly flashing a strong signal. AltRank, a metric from LunarCrush, jumped from 109 to 1 in just o
CaptainAltcoin29m ago
BTC Traditional Bottom Indicators Fail, Three New Indicators Gain Market Attention
Bitcoin's recent price volatility has been significant, falling from $76,000 to $69,200, with mixed signals from market bottom indicators. Newly focused indicators such as CVDD, NUPL, and stablecoin inflows may provide clearer insights into market dynamics, suggesting that the bottom has not yet been reached.
GateNews46m ago
BTC 15-minute surge of 0.53%: Dovish CPI signals trigger buying frenzy, whale accumulation intensifies supply compression
During the 2026-03-19 13:30-13:45 (UTC) time window, BTC recorded a 15-minute return of +0.53%, with the price moving slightly upward within the range of 69243.3 to 69826.0 USDT, with a volatility amplitude of 0.84%. The unexpected CPI data release combined with on-chain liquidity tightening sparked market attention, causing significant short-term price movements in BTC. Trading volume did not show extreme expansion, but spot buying pressure increased rapidly.
The main driver of this price movement was the official release of US March CPI data at 13:30 (UTC), which triggered a recovery in market risk appetite. C
GateNews47m ago
BTC Drops 0.50% in 15 Minutes: Whale Fund Outflows and Leveraged Short Positions Drive Downward Movement
During the period from 2026-03-19 12:45 to 2026-03-19 13:00 (UTC), BTC spot price fluctuated rapidly within the 69108.5 - 69664.4 USDT range, with a volatility amplitude of 0.80% and a return rate of -0.50%. Market attention increased, short-term volatility intensified significantly, and trading volume expanded accordingly, reflecting rising risk-aversion sentiment among investors during this window and increased active selling pressure.
The primary drivers of this volatility were whale address fund outflows on-chain and leverage position adjustments. Specifically, whale addresses experienced approximately 2,00
GateNews1h ago
XRP Price Could Resume Journey to New All-Time High if This Key Level Holds
XRP price pulled back after a recent move toward $1.60, yet the bigger structure still points to a larger trend that has not broken. Price now trades near $1.46, and that places it inside a zone that could decide whether the next leg higher begins or stalls again.
Crypto analysis platform
CaptainAltcoin1h ago
