Whale accumulation has become a critical support factor for WIF, with over 39 million tokens acquired during recent volatility. This substantial buying occurred amid a 60.7 million token volume surge within a 9-hour session, demonstrating concentrated interest from large holders. Their activity helped WIF rebound from $0.828 to $0.831 in a single hour, establishing $0.835 as a strong support level despite broader market uncertainty.
The token’s price action reveals whale-driven resilience: after a sharp sell-off between 13:54β13:56 UTC pushed prices down, whale buying prevented further decline. This created a consolidation range between $0.821 and $0.864, with resistance forming at $0.838 due to heavy sell pressure. The late-session recovery to $0.861 suggests whales are strategically accumulating during dips to stabilize the token.
Market observers note this whale behavior aligns with improving derivatives market conditions, where Binance has facilitated $650 trillion in cumulative BTC futures volume. The combination of whale support and growing derivatives liquidity could enable a retest of $0.86 resistance if current accumulation patterns persist. However, the token remains vulnerable to macro headwinds from shifting U.S. trade and monetary policies.