WLFI Top Gainer closed a 3x long position and switched to an 8x long position on TRUMP coin

On September 1st, based on CoinGecko data, on the eve of WLFI's listing, the crypto market witnessed a general decline. The total crypto market capitalization currently stands at $3.81 trillion, indicating a 1.5% decrease over the past 24 hours. Among the biggest losers on the list, meme coins took the lead. NOBODY saw a daily decline of 18.2%, BLOCK declined by 17.2%, and NEIRO dropped by 17.3%. Regarding mainstream altcoins, SKL recorded a daily decline of 11.9%, and CFX saw a daily drop of 10.6%.

On September 1st, as monitored by LookOnChain, in the past 4 hours, the highly prominent BTC whale that has been swapping ETH has sold an additional 2,000 BTC (valued at $215 million) and purchased 48,942 ETH (also valued at $215 million). He has now amassed a total of 886,371 ETH (amounting to $4.07 billion).

September 1st. In a Discord group survey among holders who own at least 1 million WLFI tokens, numerous small holders indicated that they would choose to sell if the price reaches $0.47. The group operator, Vincent Deriu, revealed that large holders are aiming for a price above $1. Many are planning to sell only a portion of their tokens, up to 20%. Holder Bruno Ver stated that he intends to sell approximately 10% of his holdings after trading begins. He predicted that the token's price could reach $0.35 to $0.5. "It will definitely be used for family expenses," he disclosed. "I've already informed my wife that we are going on a cruise in September." (Jinse)

September 1st. According to an official announcement, at the request of the World Liberty Financial (WLFI) project team, Gate will list World Liberty Financial (WLFI) spot trading at 20:00 on September 1st (coordinated universal time + 8).

On September 1st, Smart Money, the crypto KOL 0xsun.sol (@0xSunNFT) summarized the "Long ETH, Short Shitcoins" strategy on social media. They said, "In general, this strategy has been very successful, especially when facing market volatility. In the last few days of August, due to SOL's sudden strength, which led the altcoins, the profits of the strategy suffered some drawdowns. We will continue to observe. If this situation persists for a while and ETH cannot lead the market, we can consider taking profits." Furthermore, regarding on-chain operations, 0xSun mentioned, "Currently, because the listing channel cannot be opened, there is a limited ceiling. It is still a good choice for small funds, but the cost-effectiveness for large funds is too low. Liquidity injection is needed, or some iconic events to open up the ceiling to improve this situation."