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Whale Bets $1.12M on Trump-Backed WLFI Meme Coin Ahead of Mainnet Launch

A crypto whale has made a significant investment, spending 248 ETH ($1.12 million) to acquire 6.95 million meme coins linked to the new DeFi platform, World Liberty Financial (WLFI). This move comes just five days before the project’s mainnet is set to go live.

The transaction was tracked to a new wallet, 0x8C43, and highlights the growing excitement for WLFI, a project backed by the Trump family. The platform, which focuses on DeFi services like lending, borrowing, and a USD-pegged stablecoin called USD1, has already raised over $550 million in token sales since October 2024. The whale’s purchase of these speculative meme coins is a strong signal of anticipation for WLFI’s upcoming debut on September 1, when its tokens are expected to become transferable and tradable.

August 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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