Whales, or major cryptocurrency investors, have lost millions of dollars by estimating the price of the token price related to the Liberty Financial (WLFI) family.
Since its launch on Monday, the WLFI token price has dropped by more than 40%, despite a large -scale token burn event that permanently reduced the token supply, aimed at restricting the supply and boosting the value of the remaining tokens on the market.
Despite more than 40% denial, some of the pre-sale holders still show confidence in the token endorsed by the President.
Of the more than 85,000 pre-sale participants, 60% still hold the token, while only 29% were fully sold, write blockchain data platform bubblemaps, on a Wednesday X Post.
Whales lose millions to 40% linked to WLFI, despite 47 million burns
Large crypto investors, or whales, suffer millions in token losses associated with the Liberty Financial (WLFI) family, which continue to decrease despite a proposal to reduce circulating supply.
Wallet wallet 0x432 lost more than $ 1.6 million after closing a 3x leveraged WLFI long position, according to the Onchain Lens.
“The moral of the story: Never be in Fomo,” briefly afraid to disappear, the platform was written on a Thursday x PostDetermines rapidly moving whale investment.
The investor opened the second long position in the WLFI token just 15 hours after closing a previous one with a $ 915,000 income, to lose only $ 1.6 million.
Confidence in the token associated with Trump weakens
Other whales also release WLFI’s positions in the loss, which signal deduct confidence in the token-related token-related perspective.
The sale of the whale comes one day after WLFI platform burned 47 million tokens on Wednesday, they were permanently removed from a bid to tighten the supply and boost the cost of the remaining tokens.
The token burn is not enough to stop post-launch decline, as the WLFI price dropped another 18% to 24 hours leading to 8:31 am UTC Thursday, marking a total of 41% since it launched on Monday, according to CoinMarketCap Data.
Avalanche activity driven by Dexs, trading bots, haaka -haka whale memecoin
The Smart Contract Blockchain Avalanche has recorded a unique climb to blockchain activity, as analysts have been taught in growing decentralized trading activities and returning the Crypto -Whale whale to the next emerging Memecoin.
Avalanche’s transaction growth All the other blockchains surpassed last week, rising 66% to 11.9 million transactions to more than 181,000 active addresses, which signed Mindshare’s growing investor dedicated to Blockchain.
The Milestone took place after a “landmark effort” by the US Department of Commerce, which adopted Avalanche, along with nine other public decentralized blockchain, to publish the true Gross Domestic Product (GDP), Cointelegraph reported on August 29.
Notwithstanding AvalancheGrowing institutional and government adoption, we cannot relate it to the US government that has adopted an avalanche for its GDP data, “said Nicolai Sondergaard, research analyst on the Nansen Crypto Intelligence Platform.
Increasing network blockchain activity is primarily driven by Decentralized Finance (DEFI) merchant, Miner Extractable Value (MEV) Bot of trading and whales that think of the next big launch of Memecoin, the analyst told Cointelegraph, which increases:
“The flow transaction is driven by: 60% of the Defi Protocol activity (Trader Joe, Aave, Benqi), 25% automatic trading bots and MEV, and 10% whale trading and memecoin speculation -haka (…).”
The research analyst said the additional 5% of the activity was linked to blockchain play and not tokens (NFT).
Defi Lending rises 72% in institutional interest, RWA collateral adoption
Decentralized lending protocols reduce the total cost and are set to achieve the growing institutional adoption of stablecoins and tokenized assets, according to Binance Research.
Decentralized Finance (DEFI) Lending protocols are automatic systems that facilitate lending and borrowing for investors through smart contracts, eliminating the need for financial mediators such as banks.
The lending protocols to the DeFI rose more than 72% year-to-date (YTD), from $ 53 billion to the beginning of 2025 to more than $ 127 billion to the combined total amount locked (TVL) on Wednesday, according to research in Binance.
This explosive growth is attributed to the defi lending protocols benefiting from the accelerated institutional adoption of stablecoins and tokenized Real-world assets (RWAs).
“Like the adoption of Stablecoin and Tokenized Assets, Defi Lending Protocols are increasingly positioned to facilitate institutional participation,” Binance Research wrote in a Wednesday Wednesday report exclusively to the cointelegraph.
A significant portion of this growth has been attributed to Maple Finance and Eulerwho saw 586% and 1,466% rising, respectively.
“While tokenized properties continue to integrate into the main financial system, we expect a new generation of onchain financial products to emerge, which enables better, transparent, and accessible capital markets,” a Binance Research spokesman said told cointelegraph, addition: adding:
“The lending protocols to the defi, in particular, offer a programmable and interoperable framework that makes them better to facilitate institutional participation.”
This emerging dynamic is set to enhance Defi Liquidity and the broader crypto ecosystem by “bridging traditional finance and decentralized infrastructure,” the spokesman added.
Mantle 2.0 To speed up Defi-Cefi Convergence: Delphi Digital
Mantle 2.0, aimed at becoming an institutional “liquidity chain” for tokenized real-world assets, has won a new business model that can accelerate mutually beneficial convergence between centralized and decentralized industry participants.
The Mantle Network was first launched as an Ethereum Layer-2 (L2) scaling Solution to 2021 under Bitdao, as the first L2 network launched by a decentralized autonomous organization (DAO).
In July 2023, the Bitdao and Mantle Network were combined with the Mantle brand and the mantle (Mnt) token.
The project is now entering a “new phase in its lifecycle,” called Mantle 2.0. It was marked by BYBIT executives who were installed as major counselors and a new roadmap targeting the scene of centralized financial (CEFI) and decentralized finance (DEFI), according to Crypto Research Company Delphi Digital’s Wednesday Report.
Mantle 2.0 may champion a new business model for the cryptocurrency industry, encouraging more DAO -managed projects to combine with major centralized exchanges, combining the benefits of decentralized management with deep liquidity and primary base of user of centralized trading areas.
On August 18, bybit Exchange launched Multiple exclusive campaigns and earn products for MNT token.
On August 29th, the exchange of bybit and mantle revealed A joint roadmap, which awarded MNT holders with less slippage purchase, more payment options within the Bybit ecosystem and other staking savings and products.
“The mantle is no longer just an L2 but the foundation of the Bybit ecosystem. This is not a simple partnership but a play for RWA’s dominance,” Delphi Digital wrote in a Wednesday X PostAdding:
“This update changes the mantle token to a bybit utility asset.”
“The value of these MNT anchors in the massive daily volume of BYBIT ($ 3-5B area, $ 25B+ derivatives) in simple management,” written by the research firm, adding that we see the emergence of a “new competitive scene that includes Trade infrastructure with defi metals.”
Venus Protocol gets $ 13.5 millon stolen by the user in phishing attack
Decentralized Finance (DEFI) Lending Platform Venus Protocol helped a user recover the stolen crypto following a phishing attack tied to the North Korean lazarus group.
On Thursday, the Venus protocol announced that it helped a user recover $ 13.5 million in crypto after The phishing incident that occurred on Tuesday. At this time, the Venus Protocol stopped the platform as a careful proposal and began investigating.
According to Venus, the pause stopped further funding movement, as the audits confirmed that the intelligent contracts of Venus and the front end were not compromised.
A vote on emergency management allows forced extermination of the attacking purse, enabling stolen tokens to be seized and sent to a recovery address.
Overall -Defi Market
According to the data from Cointelegraph Markets Pro And tradingview, most of the 100 largest cryptocurrencies by market capitalization ended the week in green.
Meme token Memecore (M) rose more than 236% as the largest winner of the week in Top 100, following Memecoin launchpad pump.fun‘s (pump) token, up to 41% last week.
Thanks for reading our summary of the most affecting defi development of this week. Join us next Friday for more stories, perspectives and education about the dynamic advancement of this space.
