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GSR Markets is suspected of participating in WLFI's second round of public offering with $2 million, with a cost price of $0.05 - CoinFeed
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GSR Markets is suspected of participating in WLFI's second round of public offering with $2 million, with a cost price of $0.05

September 1, 2025
CoinFeed News

According to on-chain data from ai_9684xtpa, seven months ago, the address 0x453...13F95 transferred 2 million USDC to the WLFI second-round public offering address, receiving 40 million WLFI tokens at a cost of approximately $0.05. The source of funds for this address is GSR Markets, suggesting possible institutional investment. No transfer records related to the official multi-sig have been found, and whether it provides market making services remains to be confirmed. Previous reports have suggested that Jump Crypto is suspected of being a market maker for the WLFI token.

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