According to EmberCN, addresses believed to belong to the team behind World Liberty Financial (WLFI), a DeFi project of the Trump family, burned 100 million WLFI ($6.67 million) over the past 19 hours. Four team-related addresses transferred 1 billion WLFI to an unlock vesting contract and then burned 10% of that amount. Ember CN explained that this burn appears to be part of the token unlock plan announced last month. Previously, World Liberty Financial announced plans to postpone the unlock schedule for WLFI tokens allocated to early contributors, founders, team, advisors, partners, etc., and to permanently burn 10% of the supply.
