WLFI Token Hits New Lows as Unlock Plan and Lending Activity Raise Market Concerns

TLDR: WLFI token dropped to new lows following plans to unlock tokens for early holders, raising supply concerns. The project is managing about $150M in stablecoin loans, increasing pressure on collateral stability. Reports claim billions in WLFI were used as collateral to borrow $75M within a concentrated liquidity setup. High pool utilization near 93% may [...]

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