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The WLFI project party has been continuously buying on-chain for the past five hours, making significant moves. According to on-chain data tracking, the official address has invested a total of 7.79 million USD1, acquiring 46.56 million WLFI Tokens at an average price of 0.1674 USD.
This buyback operation occurred directly on-chain, and the transaction trail is completely transparent and traceable. Based on this average purchase price, the project party's determination this time is quite clear. A buyback of such a large amount in a short period usually indicates that the official has intentions to support the Token price or is preparing for certain actions in the future.
It is worth noting that USD1 serves as a payment method, while WLFI is the repurchase target. This transaction combination itself reveals the project party's capital allocation strategy. The market's reaction to such official repurchase actions is often polarized—optimists see it as a positive signal, while the cautious faction will monitor whether there is continued buying support afterward.