World Liberty Financial’s WLFI token tumbled this week, leaving big holders nursing heavy losses and some traders counting gains from the other side of the trade.

A major wallet closed a 3x leveraged long and took a more than $1.6 million hit. That same investor, according to on-chain trackers, a had turned a $915,000 profit on an earlier trade hours before re-entering the market.

Whales Face Heavy Losses

Several large accounts were shown deep in the red. Wallet 854RaR, which had bought about $2 million in WLFI earlier in the week, was down roughly $650,000 by Thursday.

WLFI just dropped below $0.19.

Trader 0x1527 is down over $2.2M on his $WLFI long.

Meanwhile, trader 0x92bb is up over $1.8M on his $WLFI short. https://t.co/bYegvDqOwf https://t.co/tz3gTrL1KM pic.twitter

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