WLFI Drops 5% to $0.0513 Amid CLARITY Act Ethics Provision Pressure

According to AMBCrypto, WLFI, the Trump-linked cryptocurrency project, dropped over 5% to $0.0513 following the CLARITY Act amendment introducing stricter ethics rules for high-profile public officials' crypto asset ownership. The sell-off pushed the token back to price levels last seen in early May.

On-chain data tracked by Deep Blue Alpha reveals significant whale activity deterioration. Over the past 30 days, 163 WLFI whale wallets recorded $12.72 million in inflows versus $13.25 million in outflows, resulting in a net outflow of $531.7 thousand with a 49% buy ratio. Pressure intensified over the past 24 hours, with net outflows reaching $351 thousand on just a 22% buy ratio, indicating large holders were quick to de-risk.