Trump-linked WLFI token faces selling pressure

World Liberty Financial’s WLFI token dropped roughly 14% to around $0.093 as a sharp increase in exchange supply signalled growing sell-side pressure.

The decline followed a rapid inflow of approximately 120 million tokens onto exchanges between March 18 and March 20, indicating potential large-holder distribution.

On-chain data shows heavy capitulation, with transaction volume in loss reaching about 920 million WLFI on March 19, one of the highest readings in recent weeks.

Analysts note that:

“High loss-volume spikes without a corresponding price recovery typically indicate that capitulation is occurring — but not yet complete.”

The token’s governance structure adds risk, with 76% of voting power concentrated among just 10 wallets, amplifying the impact of large-holder movements.

Technical indicators show WLFI trading within a descending wedge, with downside targets between $0.077 and $0.069 if support levels fail.

Additional macro uncertainty linked to political developments has further weighed on sentiment, leaving the token vulnerable to continued downside pressure.

At the time of reporting, World Liberty Financial price was $0.09548.