$WLFI is flashing a trust problem, not strength ⚠️
The latest 25 million USD1 mint lines up with the reported Dolomite repayment, but net supply still rose by 22 million after burns, while on-chain data shows 38.5 million minted in five days. With the token down about 20%, roughly 50 million in debt still hanging over Dolomite, and collateral value slipping 15%, this looks less like cleanup and more like liquidity under stress while bigger players wait for the next forced move.
Not financial advice. Manage your risk and protect your capital.
#WLFI #CryptoNews #DeFi #OnChain #Bitcoin
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The latest 25 million USD1 mint lines up with the reported Dolomite repayment, but net supply still rose by 22 million after burns, while on-chain data shows 38.5 million minted in five days. With the token down about 20%, roughly 50 million in debt still hanging over Dolomite, and collateral value slipping 15%, this looks less like cleanup and more like liquidity under stress while bigger players wait for the next forced move.
Not financial advice. Manage your risk and protect your capital.
#WLFI #CryptoNews #DeFi #OnChain #Bitcoin
✦