---
title: "Whales lose millions on Trump-linked WLFI amid 40% dip. despite token burn"
url: https://diffcoin.com/whales-lose-millions-on-trump-linked-wlfi-amid-40-dip-despite-token-burn/
description: "Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial (WLFI) token, which continued to…"
published: 2025-09-04
updated: 2025-09-04
author: "Mila"
site: "Diffcoin"
---

# Whales lose millions on Trump-linked WLFI amid 40% dip. despite token burn

Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial (WLFI) token, which continued to decline despite a proposal to reduce the circulating supply.

Whale wallet 0x432 lost more than $1.6 million after closing a 3x leveraged WLFI long position, according to Onchain Lens.

“The moral of the story: never be in FOMO,” short for fear of missing out, wrote the platform in a Thursday X post, referencing the whale’s hasty investment move.

The investor had opened a second long position on the WLFI token just 15 hours after closing a previous one with a $915,000 profit, only to lose the $1.6 million.

## Confidence in Trump-linked token weakens

Other whales were also exiting WLFI positions at a loss, signaling waning confidence in the Trump-affiliated token’s price outlook.

*Source: Onchain* *Lens*

***Related:*** ***Crypto in US 401(k) retirement plans may drive Bitcoin to $200K in 2025***

The whale selling came a day after the WLFI platform burned 47 million tokens on Wednesday, permanently removing them in a bid to tighten supply and boost the value of the remaining tokens.

The token burn was not enough to stop its post-launch decline, as the WLFI price fell another 18% in the 24 hours leading up to 8:31 am UTC Thursday, marking a total decline of 41% since it was launched on Monday, according to CoinMarketCap data.

*WLFI/USD, all-time chart. Source: CoinMarketCap*

***Related:*** ***Ether trader nearly wiped out after epic run from $125K to $43M***

## Whales, crypto traders lose millions on WLFI price decline, as investor sentiment sours

Other large investors also incurred losses, including whale wallet 854RaR, which bought $2 million worth of WLFI tokens three days earlier and was down over $650,000 as of Thursday, according to blockchain data platform Lookonchain’s X post.

*Source:* *Lookonchain*

Another wallet on Hyperliquid, trader 0x1527, was down over $2.2 million on a WLFI long position, while trader 0x92bb managed to profit $1.8 million on a short position, which is a de facto bet on the WLFI token’s price decline, added Lookonchain in a Thursday X post.

Former kickboxing champion and controversial influencer Andrew Tate was also betting on the WLFI token’s price appreciation, despite being liquidated for $67,500 on Tuesday via decentralized exchange Hyperliquid, Cointelegraph reported.

The over 40% decline saw investor sentiment sour around the WLFI token during the previous 24 hours.

*Top 10 most bearish tokens by investor sentiment. Source: CoinMarketCap*

The WLFI token is currently the ninth-most-bearish token among the 100 largest cryptocurrencies by investor sentiment, with 31.9% of its users bearish about the token’s prospects, CoinMarketCap data shows.

***Magazine:*** ***Trump’s crypto ventures raise conflict of interest, insider trading questions***

[Source link](https://cointelegraph.com/news/whales-lose-millions-on-trump-linked-wlfi-s-40-dip-despite-47m-burn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)