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A trader has taken a 3x short position on WLFI, currently facing a unrealized loss of over $412,000.

BlockBeats News, August 24, according to LookIntoChain monitoring, trader 0xbfaa opened a 3x leveraged short position of 5.3 million WLFI tokens ($1.53 million) and is currently at a loss of over $412,000.

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Over-the-counter price of 1 USD, WLFI's valuation has increased by over 65 times in the past 8 months
After WLFI goes live, although there may be a pullback, there is a possibility of fund overflow, triggering the start of the second wave.
If calculated at $0.22, WLFI's circulating market cap upon listing is $1.1 billion, with early investors still seeing a 14x return.
ALT5 Sigma Corporation is the second company to announce the launch of the WLFI Treasury Strategy, following BigStrategy Inc.
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